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Coin Edition 2023-08-02 11:12:04

China’s Crypto Crackdown Fails as Binance Records $90B Trading

In defiance of China’s cryptocurrency regulatory crackdown, Binance, the world’s largest crypto exchange, has witnessed an astounding $90 billion in crypto trading by China-based users in May 2023. Remarkably, this activity accounts for a substantial 20% of Binance’s total global trading volume, excluding trades by a small group of large traders. The staggering figure was The post China’s Crypto Crackdown Fails as Binance Records $90B Trading appeared first on Coin Edition .

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