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KM Financial Solutions | Asia’s cryptocurrency arbitrage boom fizzles, but profits persist
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Asia’s cryptocurrency arbitrage boom fizzles, but profits persist

01 Apr Asia’s cryptocurrency arbitrage boom fizzles, but profits persist

Posted at 23:00h in News by
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SHANGHAI/SINGAPORE, April 3 (Reuters) – When China closed
its local cryptocurrency exchanges late last year, an
underground ecosystem of bitcoin “mules” and peer-to-peer
platforms sprung up to allow bitcoin trading to thrive, away
from regulators’ watchful eyes.

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