📰 BREAKING NEWS 🗞️ 🇨🇳⛩️China Doubles Down on Its Anti-Crypto
Stance - Again
China has once more confirmed what the market already knew: crypto like $BTC has no legal future inside the country. By officially labeling all crypto-related activities as illegal financial operations - from trading to yuan-backed stablecoins.
And even most forms of RWA tokenization
- Beijing is closing the door even tighter. The message is clear: control first, innovation second (if ever).
What stands out to me is not the ban itself - this isn't new - but the extraterritorial angle. China is now signaling tighter oversight over crypto activities conducted abroad by Chinese residents. That's a strong reminder that capital, talent, and infrastructure may leave the country, but regulation is trying to follow.
At the same time, this creates a sharp contrast globally. While China continues to suppress crypto as a risk$BNB
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