Chinese Merchants in Moscow Convert Most of Their Cash to Crypto
news.bitcoin.com
by Lubomir Tassev
April 16, 2018
Excerpt:
Chinese traders in Moscow’s huge wholesale bazaars have become the most active buyers and sellers of cryptocurrency in the Russian capital. The retail turnover there is estimated at almost $10 billion a month. Authorities say that most of it is converted to cryptocurrencies and sent back to China where it‘s exchanged to yuan.
...
Read entire article: news.bitcoin.com/chinese-merchants-in-moscow-convert-most-of-their-cash-to-crypto/
Forum rules
If you are posting news, press or any other related material that directly or in-directly benefits you, we request that you post a back-link to bitcoin.com by using a button, banner or text-link on your website. Thanks for supporting Bitcoin.com!
If you are posting news, press or any other related material that directly or in-directly benefits you, we request that you post a back-link to bitcoin.com by using a button, banner or text-link on your website. Thanks for supporting Bitcoin.com!
Who is online
Users browsing this forum: Amazon [Bot] and 11 guests