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Chainalysis: round $50B in crypto property have left China up to now yr, of which ~$18B was Tether; China limits residents to $50Ok/yr in abroad transfers (Matthew Leising/Bloomberg)

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Matthew Leising / Bloomberg:

Chainalysis: round $50B in crypto property have left China up to now yr, of which ~$18B was Tether; China limits residents to $50Ok/yr in abroad transfers  —  – Report suggests digital cash contribute to capital flight  — Tether coin is ‘a U.S. greenback alternative’ for some in China

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