šLet's Hunt short!
China has banned all crypto!
š«Crypto trading ā completely illegal
š«Mining? Done.
š«Even holding crypto? Also banned.
š«Exchanges? Blocked ā local and international
š«Wallets? Frozen. Surveillance ramped up.
š§ Why Is China Doing This?
šOfficial story?
āFinancial safety,ā ācapital control,ā and āpreventing fraud.ā
šReal reason?
š§¾Theyāre pushing their digital yuan (CBDC) like itās the only option that matters.
And crypto? Thatās a threat they donāt want around.
š§¾They donāt want freedom money.
They want government money ā and total control.
šWhat Did the Market Do?
šBitcoin crashed from $111K to under $104K in hours
šEthereum dropped nearly 7%
šExchanges lit up with withdrawals
#ChinaBansCrypto #TrumpTariffs