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Chinese TikTok is Suddenly Enabling P2P Crypto Transfers, is a Change in China‘s Crypto Ban Looming?

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by COINS NEWS 94 Views

Despite the strong opposition to crypto related services and trading in China, the Chinese ????????version of Tiktok called "Douyin" with more than 600 million users based in China has updated new functions:

When users search for Ethereum or Bitcoin, the current day, highest, lowest, today's opening, and yesterday's closing prices appear; and ETH/BTC is introduced as a P2P form of virtual encrypted digital currency.

https://pbs.twimg.com/media/FtXYHpuX0AIjmI_?format=jpg&name=medium

More here: https://www.cryptopolitan.com/chinese-tiktok-douyin-adds-bitcoin/

With Chinese regions like Hong Kong pushing for cryptocurrency loom lately, China could start to soften its stance on crypto, giving rise to crypto markets denominated by the Chinese yuan?

submitted by /u/Antana18
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