May 1, 2026

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China’s waning influence on the global Bitcoin economy

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China’s waning influence on the global bitcoin economy

China’s waning influence on the global bitcoin economy
China’s waning influence on the global bitcoin economyIn early 2017 China was the biggest and most influential market for bitcoin worldwide, as the bulk of both mining and trading was conducted in the People’s Republic. Since then, much has changed as global bitcoin adoption and changes in regulations – both in China and in neighboring jurisdictions – have led to a shift in China’s influence on the bitcoin ecosystem.

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