2 October, 2021 by The TZ Newswire Staff Comments Off on DeFi tokens SUSHI, SNX, UNI emerge as winners after China’s crypto crackdown
DeFi tokens SUSHI, SNX, UNI emerge as winners after China’s crypto crackdown
A little over a week ago, China renewed its hostilities towards the crypto industry as it declared all crypto transactions within its jurisdiction “illegal.”
This new regulation, while it has had some negative impacts on the price of the leading digital asset, Bitcoin, alongside other cryptocurrencies in the market, the winners in the current shakedown appears to be the decentralized finance (DeFi) sector.