▶ BREAKING: China just legalized ownership of $BTC & crypto! 🇨🇳

China’s Crypto Policy in 2025: Separating Fact from Hype

Recent claims that China has "legalized Bitcoin" are misleading. While a November 2024 Shanghai court ruling affirmed that individuals can own crypto as property, China’s strict bans on trading, mining, and payments remain unchanged. Social media hype in March 2025 misrepresented this as a new policy shift, but no official reforms have occurred.

China’s stance is still hostile toward decentralized crypto, prioritizing its digital yuan (CBDC). Although personal ownership is tolerated, citizens cannot legally buy or sell crypto, limiting market impact. While Hong Kong has embraced crypto ETFs, mainland China continues to block exchanges and suppress speculation.

Investors should ignore exaggerated headlines and focus on real developments—such as Hong Kong’s growing crypto hub—rather than unverified rumors. Until China’s government explicitly reverses its 2021 bans, the "legalization" narrative remains more hype than reality.