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WARNING: 🇨🇳 False reports are circulating claiming that China has issued a new ban on cryptocurrency
There have been no new announcements from Chinese authorities. The country’s stance—banning $BTC and crypto activity since 2021—remains unchanged. Here's what you need to know:
🔹 Hong Kong of China, as a pilot zone, is fully embracing cryptocurrencies
🔹 China has never banned individual crypto transactions; only prohibits institutional participation
🔹 Bitcoin mining still occurs in many parts of China
🔹 Stablecoins and RWAs are gaining popularity among Chinese government officials
#PI# #BTC# #HotTopicDiscussion# #Chinese#