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China Banned Crypto, But Chinese P2P Transactions Just Exploded 43x. Here’s Why
By Steve Muchoki at 2026-11-07 12:19
Sentiment: Negative
The post China Banned Crypto, But Chinese P2P Transactions Just Exploded 43x. Here’s Why appeared first on Coinpedia Fintech News A recent study has revealed that peer-to-peer (P2P) transactions among Chinese users have grown 3.5-fold in the past year despite the nation’s relentless crypto ban. According to Blockchain intelligence firm Chainalysis, the Chinese are utilizing these P2P transactions as a workaround to the heavily restricted centralized crypto operations. Latest statistics on China crypto growth In … Continue reading...
Categories: News
Tags: #News #Crypto news
Source Coinpedia