BREAKING: China Bans All Crypto. What Happens Now?
BREAKING: China Bans All Crypto. What Happens Now?
Attexul
Jun 3
Yep. It happened.
China just banned everything crypto. Again.
But this time, it’s not just talk — it’s full-on, lights-out, all-systems-shutdown.
Whether you’re holding Bitcoin, Ethereum, or some random meme coin — this news matters. Let’s break it down.
🇨🇳 What Did China Actually Ban?
As of May 31st, 2025, China made these moves official:
❌ Crypto trading — completely illegal
❌ Mining? Done.
❌ Even holding crypto? Also banned.
❌ Exchanges? Blocked — local and international
❌ Wallets? Frozen. Surveillance ramped up.
They even said Chinese citizens with crypto outside China could be investigated.
Basically, it’s a crypto wipeout.
📉 What Did the Market Do?
Panic?
Kind of.
Bitcoin crashed from $111K to under $104K in hours
Ethereum dropped nearly 7%
Exchanges lit up with withdrawals
Stablecoins like USDT pumped in demand
But here’s the plot twist:
Some are calling this the perfect buying opportunity.
Because when the fear hits hardest —
Let’s hear your take. 👇
#Bitcoin #CryptoNews #ChinaBan
, $XRP