In early June 2025, several media outlets including Financial Express, IDN Financials, and Hindustan Times claimed that China had imposed a new ban on cryptocurrency ownership for individuals. These reports have alarmed investors and caused a ripple across the crypto markets. However, upon closer examination, no official statements or announcements have been issued by any Chinese regulatory body confirming such a sweeping ban.In early June 2025, several media outlets including Financial Express, IDN Financials, and Hindustan Times claimed that China had imposed a new ban on cryptocurrency ownership for individuals. These reports have alarmed investors and caused a ripple across the crypto markets. However, upon closer examination, no official statements or announcements have been issued by any Chinese regulatory body confirming such a sweeping ban.