23 Aug Popularity of P2P Cryptocurrency Loans Increases in China
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China is reportedly witnessing a surge in peer-to-peer (P2P) cryptocurrency lending amid the country’s recent liquidity crunch and the virtual currency markets’ bear season. Despite regulatory uncertainty, entrepreneurs are reportedly eying opportunities in the nascent industry.
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Peer-to-Peer Cryptocurrency Lending Gains Popularity in China During Bear Market
Chinese media outlet, Sohu, has published a report on the increasing proliferation of cryptocurrency lending platforms.
Zhang Le, described as a veteran of the cryptocurrency industry according to Sohu, stated: “At present, most of the market only recognizes two major currencies, Bitcoin and Ethereum. This…
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