Hong Kong Bitcoin Trading Volume Spikes to Highest Levels Ever Recorded

Interest in Bitcoin seems to be booming in Hong Kong. LocalBitcoins recorded its highest trading volume ever in the city-state this past week.

The protests in Hong Kong have been called the first uprising fully attuned to our modern, technocratic age. With the Chinese government trying to track protestors through surveillance and usage of payment apps, residents are going dark. Many are now trying to make themselves invisible to avoid a possible state crackdown — so, it’s no surprise that interest in cryptocurrencies is also growing.

Previous reports on Bitcoin rising in popularity in Hong Kong seemed to be premature. As BeInCrypto previously reported, last month there was no significant increase in Bitcoin trading in the city-state. However, the trend now seems to be changing. Read More...

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