Is China Going to Release Cryptos? Signs of Change Stir the Global Market

After years of severe repression of the cryptocurrency market, China is showing signs that it may be reevaluating its stance. Even with the ban on cryptocurrency trading and mining still in effect, new strategic moves — such as the advancement of the Digital Yuan and investment in blockchain infrastructure in Shanghai — are reigniting rumors of a possible easing.

Chinese authorities have been promoting blockchain technology as an essential part of the country's digital transformation, while local projects gain strength under clearer regulations. At the same time, the closure of illegal exchanges and the punishment of corrupt leaders in the sector suggest an attempt to reorganize the environment before a possible official and controlled reopening.

For many analysts, the question is no longer whether China will allow cryptocurrencies again, but when — and under what conditions. The global market is watching closely: any positive movement from Beijing could be the trigger for a new wave of appreciation.