Record $75B Flows into China’s OTC Crypto Market as Stocks and Property Decline: Bloomberg

China’s over-the-counter (OTC) cryptocurrency brokers are seeing record inflows as investors look for alternatives to weak stock and property markets in a slowing economy. According to a recent report by Suvashree Ghosh for Bloomberg, citing a study by Chainalysis Inc., OTC brokers received over $20 billion in each of the first three quarters of 2024, […] source: https://www.cryptoglobe.com/latest/2024/09/record-75b-flows-into-chinas-otc-crypto-market-as-stocks-and-property-decline-bloomberg/