Friday, November 4, 2016

Chinese Investors Buying Up Bitcoin as Yuan Falls

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bitcoin
Image by CashlessWay – Global Hub for ePayment Culture


wsj.com / SAUMYA VAISHAMPAYAN, GREGOR STUART HUNTER and CHAO DENG / Nov. 4, 2016 6:00 a.m. ET


The digital currency allows users to store their assets outside China


Chinese investors looking for a refuge from the weakening yuan are turning to bitcoin.


Total trading in the virtual currency reached 47 million bitcoins last week, the […]


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Chinese Investors Buying Up Bitcoin as Yuan Falls

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