🇨🇳 Surprise in the crypto world! Despite China's total ban on cryptocurrencies since 2021, Chinese miners still control 55% of the global Bitcoin network. 😲
🔹 Ki Young Ju, CEO of CryptoQuant, revealed that while Chinese mining pools dominate, US pools handle 40%, catering mainly to institutional miners.
🔹 In addition, China plans to amend its AML regulations in 2025 to include crypto transactions, seeking greater control.
What do you think about this Chinese dominance? Leave us your comments!