As the Chinese market is heavily regulated by the People's Bank of China and the four major commercial banks that are also controlled by the government. The economic development is not influencing the Chinese Yuan (CNY) as much as creating an option for an increasing number of Chinese to invest in cryptocurrencies, making the ETHCNY pair second in volume only to the trade between Ethereum (ETH) and Euro. Unlike the Yuan, Ethereum doesn’t have any regulatory bodies and its value is solely determined by market forces, making it exceptionally enticing for experienced Yuan traders, who can experience steady profits from the daily fluctuation of the two currencies.