ALERT: Is China about to lift its crypto ban
Persistent rumors suggest an IMMINENT
announcement!
We've dug into the topic, and here's what
we found!
Several well-known figures are saying OFF
THE RECORD that a lift on the ban could
happen by the end of 2024.
Be cautious, nothing is confirmed, but the
impact could be COLOSSAL if true.
The country closed off to cryptos in 2021.
To recap:
2013: Ban on financial institutions handling
BTC transactions
2017: Ban on ICOs
2021: Ban on all crypto activities
Result: Massive exodus of miners and an
estimated loss of 4 to 6 billion dollars per
So, why the potential reversal?
We've identified 3 potential reasons:
Carbon neutrality goals (yes, you read
that right)
Economic potential of the sector
Not wanting to miss the blockchain
innovation train
If true, we could witness a SEISMIC shift in
the crypto market!
China's return could propel the prices of
Bitcoin and other major cryptos.
