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The Japanese Quoine – too much interest in dealing with "desperate" Chinese trade

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The Bitcoin-to-Fiat exchange and the ban on the ICO produce a record number of "desperate" refugees, said Mike Kayamori, CEO of Quoine

In his comments to Bloomberg, the Japanese exchange official said the fallout from Chinese regulation meant that the country's foreign exchange traders were eagerly seeking alternatives, including Japan.

almost all these guys. They are all desperate now, "he told the publication.

Japan offers a certified environment for crypto trading companies, while Chinese names like OKCoin and Binance are eyeing Hong Kong, Singapore and South Korea

Kayamori said that it is the scale of the demand, only one is unable to meet the Chinese needs.

"There is a lot of Chinese traders who are talking to us, but we can not do it, so if a Chinese partner can handle all that and they connect to us, it will be much easier. " , he added.

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While China's flagship BTCChina stock market closes in the coming days, the Bitcoin sphere buzzes with speculation as to whether and when the situation will change again.

Meanwhile, the international scale is something that OKCoin considers in light of the current demand.

"China formerly explained Lennix Lai, financial market director of its OKEx subsidiary, said:

" As once one of the largest operators in China, we think we have a large part of the cryptocurrency market. good luck to compete overall. "

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