With the FOMO in the United States, China is likely to start accumulating Bitcoin as well. The most likely opportunities for this are:

1. Mining: Previously, mining was restricted due to energy shortages, but objectively speaking, many places in Qinghai and Xinjiang have surplus energy. The cost of electricity transmission is too high, so it is better to mine Bitcoin directly for liquidation;

2. Funds: Issuing fund products that allow retail investors to invest in Bitcoin, but cannot obtain the actual coins.

Foreign exchange control is a core policy, and anything that leaves opportunities for currency exchange is considered gray.