China Celebrates Killing Its Bitcoin Exchanges as CNY Volume Falls Under 1%

The People’s Bank of China (PBOC) has declared victory over Bitcoin, stating that the market leader’s trading in its national currency has fallen to less than 1 percent of total global volume. ‘Timely Moves’ The PBOC announced that global bitcoin trading volume in China’s national currency, the Yuan (CNY), has fallen to less than 1 […]