It’s the annual crackdown I guess. Let me get a cake to celebrate and stack more when it crashes further
Financial_Clue_2534 on
It’s been 4 years since I’ve heard China ban Bitcoin
Both-Store949 on
Considering how many people got ’scammed‘ with crypto and losing their hard earned money China is doing a good thing to protect their people.
x2manypips on
Doubt it
glavent on
I feel like this is the 50th time I’ve read China is cracking down on crypto… what different this time?
partymsl on
Yearly news lol.
Usually marks the bottom.
hodler1992 on
Its the 47th time.
981flacht6 on
Ok.
nobidobi390 on
again? how much crack can they take?
coinfeeds-bot on
tldr; China has reinforced its crackdown on cryptocurrencies, updating its 2021 policies to expand restrictions on virtual currencies and tokenization. The People’s Bank of China and other agencies declared most crypto-related activities as illegal financial activities, including trading, issuance, and intermediation. Offshore platforms are barred from serving mainland users, and RMB-pegged stablecoins require approval. The policy aims to protect monetary sovereignty and financial stability, with strict enforcement measures outlined for regulators and law enforcement.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
inexorable_stratagem on
Nobody cares
SteveYunnan on
Xi must be getting anxious that his subordinates could be moving large chunks of money around without his seal of approval 😅
Dapper_Addition_3837 on
Who cares ? They been banning crypto for like 52 times already lol
uthillygooth on
hell yeah
NinjaChore on
The boy who cried wolf
SecondDumbUsername on
OP forgot the meme-tag
MetalWorking3915 on
At this point I have no idea who stands for what.
For years ive been led to believe thay criminals, Russians, chinese, NK are using crypto as a tool.
I woildnt be surprised if in the future we find out it was actually one big CIA strategy
stefchou on
Again?
LOL
DreadPirateGriswold on
Yeah. Heard this many times before.
They confiscate ASIC mining machines under the guise of destroying them. Then they use them behind the scenes for the Chinese govt to mine crypto.
nwashk on
China’s Final Warning
Punchmeinmyface25 on
lol
abercrombezie on
„China Ban“ no longer has the same ring to it.
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25 Kommentare
Crackdown number 47.
Yawn
Again?
It’s the annual crackdown I guess. Let me get a cake to celebrate and stack more when it crashes further
It’s been 4 years since I’ve heard China ban Bitcoin
Considering how many people got ’scammed‘ with crypto and losing their hard earned money China is doing a good thing to protect their people.
Doubt it
I feel like this is the 50th time I’ve read China is cracking down on crypto… what different this time?
Yearly news lol.
Usually marks the bottom.
Its the 47th time.
Ok.
again? how much crack can they take?
tldr; China has reinforced its crackdown on cryptocurrencies, updating its 2021 policies to expand restrictions on virtual currencies and tokenization. The People’s Bank of China and other agencies declared most crypto-related activities as illegal financial activities, including trading, issuance, and intermediation. Offshore platforms are barred from serving mainland users, and RMB-pegged stablecoins require approval. The policy aims to protect monetary sovereignty and financial stability, with strict enforcement measures outlined for regulators and law enforcement.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Nobody cares
Xi must be getting anxious that his subordinates could be moving large chunks of money around without his seal of approval 😅
Who cares ? They been banning crypto for like 52 times already lol
hell yeah
The boy who cried wolf
OP forgot the meme-tag
At this point I have no idea who stands for what.
For years ive been led to believe thay criminals, Russians, chinese, NK are using crypto as a tool.
I woildnt be surprised if in the future we find out it was actually one big CIA strategy
Again?
LOL
Yeah. Heard this many times before.
They confiscate ASIC mining machines under the guise of destroying them. Then they use them behind the scenes for the Chinese govt to mine crypto.
China’s Final Warning
lol
„China Ban“ no longer has the same ring to it.