East Asia’s share of global cryptocurrency transaction volumes halved amid China’s crackdown on the industry, according to a study from Chainalysis. The region received $590.9 billion of cryptocurrency between July 2020 and June 2021, equivalent to 14% of global activity in that period. That compares with 31% between July 2019 and June 2020, the report showed. What is power of china Over world cryptocurrencies and transactions ?
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