Over the past three quarters, Chinese cryptocurrency OTC brokers have seen capital inflows exceeding $20 billion
According to Bloomberg, a study shows that China's cryptocurrency over-the-counter (OTC) brokers are attracting unprecedented capital inflows, reflecting a thirst for alternative investments amid weak performance in the struggling stock and real estate markets.
According to Chainalysis, a blockchain analysis company, the inflow of funds into Chinese cryptocurrency OTC brokers exceeded $20 billion per quarter in the three quarters ending in June, setting a continuous record since 2021. The cumulative total for these nine months reached $75.4 billion.
Although the Chinese government has banned digital asset trading for three years due to risks such as currency outflows and money laundering, these figures demonstrate the country's sustained demand for cryptocurrencies. Off exchange trading (OTC) services provide a covert method for users to exchange Chinese yuan for tokens without trading through publicly listed exchanges. Another hidden option is to allow investors to engage in peer-to-peer trading directly.
Eric Jardine, the head of cybercrime research at Chainalysis, said, "Considering China's regulatory environment, including bans on cryptocurrency trading and mining, these services have invisibly fallen into an economic gray zone." He added that this may be because the Chinese government's enforcement of cryptocurrency bans is not strict.
Chainalysis stated that approximately 55% of the total funds received by Chinese over-the-counter traders come from transfers worth over $1 million. The consulting firm added that it cannot be determined from this data whether these transfers come from wealthy individuals or businesses trading on behalf of small clients.
Jardine said, "Unless China's regulatory situation becomes more favorable for cryptocurrencies, I expect similar services to continue to grow over time
(责任编辑:财经专题)
- ·火币提醒
- ·451亿美元比特币洗钱:拉兹勒克汗、她的丈夫和 Bitfin
- ·贝莱德眼中的比特币:风险和回报驱动因素与传统资产截然不同
- ·以太经典多少钱
- ·不可错失的比特币超额收益机会
- ·分析师预测:特定情况下BTC价格可能会上涨至310000
- ·leo上币价格
- ·eth币是什么币
- ·香港比特币地址有哪些?全球顶尖比特币地址交易量排名
- ·比特币净未实现损益受到阻力 或发出看跌信号
- ·币通网的是什么币 币通合法吗
- ·bch充值需要多少确认
- ·亳州公积金贷款的条件是什么,想要在亳州用公积金贷款买房
- ·请问桂林市住房公积金贷款条件有哪些?今年想在桂林市买房。
- ·什么树叶对应什么天气-天气什么树叶什么什么
- ·数字币交易平台排名
- · 易欧app官网下载
- · 欧易正规
- · 欧易最新版本
- · 虚拟货币交易平台排名
- · 欧易app官方下载入口
- · ok币
- · 全球三大虚拟货币交易平台
- · oe交易所app下载
- · 欧易开户
- · OK交易所官网入口登录