Yep — China officially banned all crypto trading and mining back in 2021.
❌ No Binance. No Coinbase. No local exchanges.
⛏️ Mining farms were shut down. Banks can’t touch crypto.
But here’s the part they don’t tell you 👇
🔐 Owning crypto? Still legal.
People in China can still hold $BTC $ETH and more. The trading just went underground — through P2P deals, OTC brokers, VPNs, and even routes through Hong Kong.
💸 In 2023 alone, over $86 billion in crypto volume came out of China. That’s not a dead market — that’s a sleeping giant.
⚖️ By 2025, Chinese courts ruled that crypto is “legal property.” Huge for hodlers.
And now? Shanghai regulators are openly discussing stablecoin frameworks 👀
🐉 Could China be preparing a controlled comeback into Web3? Maybe.
🔥 Bottom line:
China banned crypto on paper, but the fire never really died.
The underground bull market is very real — and very alive.
#Crypto2025 #ChinaCryptoBan #BTC #ETH #CryptoNews #CreatorPad #UndergroundBull #Stablecoins #Web3Asia #P2PTrading #ChinaBan #marketrebounds #ProjectCryptor #BAN
