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:牌价)
- ·OKX Token2049 Express: Chief Marketing Officer Haider Reveals Five Key Details of OKX Wallet's New Upgrade
- ·缴纳的车辆保险车船税计入什么科目
- ·Cardano 的 Hoskinson:未来五年内阿根廷有可能实现“私人货币”
- ·10月31日广发安宏回报混合C净值增长0.56%,近3个月累计上涨10.03%
- ·比原链钱包下载
- ·2024加密和解金创近200亿美元新高,大选后会迎来监管春天吗?
- ·创下历史新高或遭拒绝:BTC 价格略低于累计空头仓位 109,000 美元
- ·隶属企业是指总公司还是分公司
- ·交易平台的以太坊钱包-交易平台的以太坊钱包是什么
- ·10月31日诺安汇利灵活配置混合C净值增长0.06%,近1个月累计下跌0.19%
- ·5月21日关键市场信息差,一定要看!|Alpha早报
- ·新加坡八月穿什么-新加坡八月穿什么衣服
- ·火币网杜均
- ·动力币是什么
- ·风速有什么表示什么
- ·新产业:前三季度实现主营业务收入21.96亿元,同比增长14%,海外市场主营业务收入达12.12亿元
- · 欧易开户
- · ok币
- · okx交易所app官网链接
- · OK交易所官网入口登录
- · okcoin下载官方app
- · 虚拟货币交易平台排名
- · okx官方
- · 全球三大虚拟货币交易平台
- · 亿欧app下载
- · 数字货币交易app