🔴 China tightens control over dollar — yuan under pressure
China's central bank has instructed its largest state-owned banks to limit dollar purchases and tighten controls over foreign exchange transactions. All this is to contain the devaluation of the yuan, which is intensifying amid global turbulence and a tariff war with the United States.
📌 What's happening:
– Strengthening control over foreign exchange transactions
– Incentive — to maintain stability of the yuan
– State banks limit dollar purchases
– Signal to the market: devaluation is a real threat
📉 Impact: negative for the global market and crypto in the short term — uncertainty is growing, a new wave of flight to safe haven assets (including BTC) is possible.
When the world's largest economy begins to restrict access to the dollar, this is a signal: the financial system is no longer universal. The world is entering a phase of division.
📢 Stop trying to catch up with the market — start getting ahead of it 💼
