🇨🇳🛑 China’s Full Crypto Ban – What’s Really Happening
Yes, it’s official: China has completely banned crypto trading and mining. This isn’t a warning—it’s already happening. 🚫
🧱 What’s Banned?
🔒 Crypto Trading – Illegal since Sept 2021
❌ Buying/selling coins
❌ Operating exchanges
❌ Even using foreign platforms (via VPN)
❌ Banks can’t offer crypto services
⚒️ Crypto Mining – Shut down since mid-2021
Why?
⚡ High energy use
🌍 Environmental damage
📉 Financial risks
💱 Capital controls
Regions like Inner Mongolia & Sichuan were forced offline. Miners fled to the U.S. and Kazakhstan.
🔍 Now?
China’s still cracking down—no room for influencers or secret trades.
⚠️ TL;DR: China’s door on crypto is shut… for now. 👀