The first hypothetical prediction in the crypto world
Who remembers the last time Berkshire's stock crashed, waiting for a period for the U.S. financial circuit breaker. This time it happened in the crypto world as well, and you remember the last time when the Bitget exchange had a bug and stopped user withdrawals. These two instances may indirectly indicate that Bitcoin could also crash 😂. $BTC
Firmly believe that there is no bull market, the NASDAQ monthly MACD has already crossed bearish, entering a bear market, I have always been short on Bitcoin. $BTC
Trump Script Trump Coin continues to rise like om did before, meaning Trump Coin ignores Bitcoin and follows its own market trend. In short, Trump's methods are too tough, completely unbeatable. $TRUMP
The Chinese government introduced new regulations in January 2025, requiring banks to monitor suspicious cryptocurrency transactions, which may be further tightened.
There are rumors that the ban may be lifted in 2025, but experts believe changes will be slow and highly regulated.
The policy goal is to protect financial stability, reduce crime, and curb capital outflow.
Advantages include reduced risk, while disadvantages are restrictions on investors and innovation.
The political background shows a shift from leniency to strictness, and Hong Kong's policies may influence the future.
Market reactions are cautious, and trends are unfavorable for mainland investors.
Latest Developments As of April 2025, the latest developments in China’s cryptocurrency policy include the new regulations from January 2025, requiring banks to report and monitor suspicious transactions and assess user identities to identify high-risk transactions. Users participating in high-risk transactions may face restrictions. Additionally, there are rumors that the ban may be lifted in 2025, but experts believe any changes will be slow and highly regulated, possibly drawing from Hong Kong’s model. Policy Goals The aim of these measures seems to be to protect national financial stability, reduce financial crimes associated with cryptocurrencies, capital outflow, and environmental issues. Advantages and Disadvantages Advantages: Enhanced monitoring may reduce financial risks and help maintain stability.
Disadvantages: Increased restrictions on mainland investors may hinder innovation and push business to other regions. Political and Economic Background Politically, China has shifted from being a Bitcoin mining hub to strict regulation, viewing cryptocurrencies as a financial threat. Hong Kong's lenient policies are seen as a testing ground for future directions. Economically, cryptocurrency investment and payments are essentially illegal in China, and the digital yuan (e-CNY) may replace decentralized assets. Market trends show that China's strict policies have led to a decrease in domestic cryptocurrency activity. According to the IFC Review, the outlook for mainland investors is bleak, with relationships described as "bumpy" and now entering a "frustrating phase." As of April 2025, major developments in China's cryptocurrency policy include the new banking monitoring regulations from January 2025 and rumors of policy easing in March. The policy goal is to protect financial stability, but restrictions on investors and innovation are significant. The political and economic background shows a transition from leniency to strictness, and Hong Kong's policies may influence the future. Market reactions are cautious, and trends are unfavorable for mainland investors. #USD/CNH