While crypto enthusiasts in the West have created a lexicon of their own, a parallel slang is flourishing in the crypto trading community in China, a country that once
dominated global bitcoin trading before authorities cracked down on local exchanges in September.
The Japanese yen has
dominated global bitcoin trade markets month over month this year and occasionally captured well over 60 percent of the world's BTC trade volume.
Not exact matches
Mt. Gox subsequently shot from obscurity to
dominate global trade in
bitcoin, but as early as 2012 employees at the Tokyo - based exchange challenged Karpeles on issues such as whether client money was being used to cover costs.
China once
dominated the
bitcoin markets, accounting for over 90 % of
global trading.
South Koreans took to
bitcoin as they had other digital assets, and local exchanges rose to
dominate global trading volumes.