Chainalysis: around $50B in crypto assets have left China in the past year, of which ~$18B was Tether; China limits citizens to $50K/year in overseas transfers (Matthew Leising/Bloomberg) https://ift.tt/3j4aBXw
Matthew Leising / Bloomberg:
Chainalysis: around $50B in crypto assets have left China in the past year, of which ~$18B was Tether; China limits citizens to $50K/year in overseas transfers — - Report suggests digital coins contribute to capital flight — Tether coin is ‘a U.S. dollar replacement’ for some in China
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