With the FOMO from the United States, China is likely to start accumulating Bitcoin as well, with the most likely opportunities for release:

1. Mining, previously restricted due to energy shortages, but objectively speaking, many places in Qinghai and Xinjiang have abundant energy, and the transmission costs are too high; it is better to directly mine Bitcoin for cashing out;

2. Funds, issuing fund products to allow retail investors to invest in Bitcoin, but without the ability to hold actual coins.

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