The Capital
Published in

The Capital

Could Crypto’s Recovery Come from a Crash in China’s Yuan?

Decades of decay look set to culminate in the probable devaluation of the Chinese yuan. Just as ordinary Chinese were quick to circumvent strict capital controls with cryptocurrencies, they may do so again to combat a rapidly devaluing yuan.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Patrick Tan

General Counsel for ChainArgos, a blockchain analytics company made famous for breaking the story that BUSD was unbacked periodically, and CEO for Novum Alpha.