Chinese citizens moved $50 billion of cryptocurrency out of the country in the past year to skirt foreign currency rules, a report says

Credit: Business Insider- Published on August 21, 2020
· *Chinese citiznes moved $50 billion worth of cryptocurrency out of the country in the past 12 months amid plummeting US-China relations, a report said.*
· *A report by blockchain firm Chainalysis said this means Chinese people likely breached capital limits, as the government only allows citizens to buy a maximum of $50,000...
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