Chainalysis: around $50B in crypto assets have left China in the past year, of which ~$18B was Tether; China limits citizens to $50K/year in overseas transfers (Matthew Leising/Bloomberg)

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Matthew Leising / Bloomberg:Chainalysis: around $50B in crypto assets have left China in the past year, of which ~$18B was Tether; China limits citizens to $50K/year in overseas transfers- Report suggests digital coins contribute to capital flightTether coin is a U.S. dollar replacement for some in China