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:商业观察)
- ·什么天气穿什么鞋子-什么天气穿什么鞋子好
- ·美联储穆萨莱姆:通胀有所缓解,但高于2%的目标
- ·火币网手机上怎么
- ·丙申年股票
- ·微软放大招,甩开OpenAI?打造自有AI帝国,企业客户买账了!
- ·Fortune:是谁将「比特币汉堡」卖给了特朗普?
- ·火币交易版苹果
- ·独立账户股票-独立账户股票配资
- ·Bitwise 投資長:那些討厭以太坊的人,最後會發現小丑竟是自己
- ·dat币今日价格-dat币最新价格
- ·今天什么天气什么温度
- ·Ordinals ecology bites each other! Two Big Boss Chokes' Node Monkey 'Founder Rocktoshi to Get Out of the Ecosystem
- ·微粒贷的二次贷款怎么贷?
- ·当日比特币价格-比特币价格日k
- ·大庆公积金贷款买房怎么办理?需要满足什么条件吗?
- ·企业收到的稳岗补贴怎么会计处理
- · 虚拟货币交易平台有哪些
- · 欧易正规
- · 全球三大虚拟货币交易平台
- · oe交易所app下载
- · 虚拟货币交易
- ·欧易交易所下载
- · 数字货币交易平台app
- · okcoin交易平台
- · 亿欧交易所下载
- · 亿欧app下载