Binance Square

ChinaBansCrypto

330 views
3 Discussing
Prof-Countenance100x
--
Bearish
šŸ’­Let's Hunt short! China has banned all crypto! 🚫Crypto trading — completely illegal 🚫Mining? Done. 🚫Even holding crypto? Also banned. 🚫Exchanges? Blocked — local and international 🚫Wallets? Frozen. Surveillance ramped up. 🧠 Why Is China Doing This? šŸ‘‰Official story? ā€œFinancial safety,ā€ ā€œcapital control,ā€ and ā€œpreventing fraud.ā€ šŸ‘‰Real reason? 🧾They’re pushing their digital yuan (CBDC) like it’s the only option that matters. And crypto? That’s a threat they don’t want around. 🧾They don’t want freedom money. They want government money — and total control. šŸ’­What Did the Market Do? šŸ‘‰Bitcoin crashed from $111K to under $104K in hours šŸ‘‰Ethereum dropped nearly 7% šŸ‘‰Exchanges lit up with withdrawals #ChinaBansCrypto #TrumpTariffs
šŸ’­Let's Hunt short!
China has banned all crypto!
🚫Crypto trading — completely illegal
🚫Mining? Done.
🚫Even holding crypto? Also banned.
🚫Exchanges? Blocked — local and international
🚫Wallets? Frozen. Surveillance ramped up.

🧠 Why Is China Doing This?
šŸ‘‰Official story?
ā€œFinancial safety,ā€ ā€œcapital control,ā€ and ā€œpreventing fraud.ā€

šŸ‘‰Real reason?
🧾They’re pushing their digital yuan (CBDC) like it’s the only option that matters.
And crypto? That’s a threat they don’t want around.
🧾They don’t want freedom money.
They want government money — and total control.

šŸ’­What Did the Market Do?
šŸ‘‰Bitcoin crashed from $111K to under $104K in hours
šŸ‘‰Ethereum dropped nearly 7%
šŸ‘‰Exchanges lit up with withdrawals
#ChinaBansCrypto #TrumpTariffs
Login to explore more contents
Explore the latest crypto news
āš”ļø Be a part of the latests discussions in crypto
šŸ’¬ Interact with your favorite creators
šŸ‘ Enjoy content that interests you
Email / Phone number