China sells its bitcoin through Hong Kong exchanges 🧐
The measure is being carried out in collaboration with the Beijing Stock Exchange, which will be in charge of managing cryptocurrencies seized in criminal cases. ⚖️
The document notes that authorities have been seeking legal mechanisms that would allow them to sell seized crypto assets. This takes into account the bans that have been in place in China since 2021.
Is China wrong to dump its bitcoin and other cryptocurrencies?
#BigTechStablecoin #TrumpVsMusk #MarketPullback #CircleIPO #CUDISBinanceTGE
