$BTC Will China legalize cryptocurrencies?

Rumors about the possible legalization of cryptocurrencies in China have long been discussed in the crypto community. Many believe that the country's authorities may lift the current ban, especially considering that Hong Kong has already attracted numerous crypto firms.

Some analysts are confident that the Asian market could become the main driver of the next growth in the cryptocurrency market. If China truly adopts Bitcoin at the state level, it could have a significant impact on the entire industry.