China may have banned crypto trading and mining — but its influence on the global crypto market is stronger than ever. 🔹 Strict Regulations at Home China cracked down on exchanges and mining, reshaping global hash power distribution and market sentiment. 🔹 Digital Yuan (e-CNY) Expansion While limiting decentralized crypto, China is leading the race in Central Bank Digital Currency (CBDC) adoption. 🔹 Blockchain, Not Bitcoin? China supports blockchain innovation while controlling speculative crypto activity. 🔹 Global Regulatory Impact When China speaks on crypto, markets react. Governments worldwide monitor its moves while shaping their own policies. 📊 The message is clear: China isn’t ignoring crypto — it’s redefining the rules.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#ChinaShapesCryptoRules #ChinaShapesCryptoRules 🇨🇳🌍
China may have banned crypto trading and mining — but its influence on the global crypto market is stronger than ever.
🔹 Strict Regulations at Home
China cracked down on exchanges and mining, reshaping global hash power distribution and market sentiment.
🔹 Digital Yuan (e-CNY) Expansion
While limiting decentralized crypto, China is leading the race in Central Bank Digital Currency (CBDC) adoption.
🔹 Blockchain, Not Bitcoin?
China supports blockchain innovation while controlling speculative crypto activity.
🔹 Global Regulatory Impact
When China speaks on crypto, markets react. Governments worldwide monitor its moves while shaping their own policies.
📊 The message is clear:
China isn’t ignoring crypto — it’s redefining the rules.