“As of Tuesday noon, around 58 per cent of the global trade during the preceding 24-hours occurred on exchanges trading the Chinese national currency, according to the open-source research project BitcoinAverage. According to the aggregator of market data, China’s trading volume in the period reached 827 million yuan (HK$1 billion). Trades in US dollars account for roughly 37 per cent of global volume. Trades in euros account for slightly less than 2 per cent. No other currency accounts for more than one per cent of trade, according to BitcoinAverage.”
Related posts:
Peru dethrones Colombia as cocaine king
US government invokes special privilege to stop scrutiny of data mining
Multiple Canadians denied entry to U.S. based on phone searches
Woman with HIV alleges police bias in suit against Dearborn
Former Portland Sex Offender Bureau officer pleads guilty to receipt of child pornography
Obamacare architect: High-deductible plans overdone
New street lights that can record your conversations installed in Vegas
‘Restructuring’ Bank of America to cut 16,000 jobs
Why going to 7-Eleven has become a political act
The Creepy, Long-Standing Practice of Undersea Cable Tapping
CIA rolls out ‘new and improved website’
Threatening 'IRS' calls, emails are scams, officials warn
Indianapolis police Officer David Butler gets 8-year sentence on robbery, official misconduct charge
When Unpaid Student Loan Bills Mean Being Banned From Working
British families billed £500 – to prevent Americans dodging tax