Isn't it said that China does not recognize Bitcoin?

The status of Bitcoin in China is indeed a bit elusive. ZhongAn Bank, a Chinese bank, actually supports Bitcoin trading, which is thought-provoking. This opens a backdoor for capital outflow; tens of trillions have already fled, and this claim makes one’s heart skip a beat. Professor Lu Qiyuan proposed to impose an exit tax to block this loophole, but this matter seems to be in suspense.

The actions of ZhongAn Bank have led many to ponder what the hidden motives might be. After all, the country's attitude towards digital currency has always been cautious. It's like playing cards; publicly they say they don't play, but secretly someone is sneaking a few cards. This calculation can get quite complex.

This is just the bank's own business expansion and has little to do with national policy. After all, finance is a deep water, and we, the onlookers, can't really understand it.

The matter of Bitcoin trading indeed makes many people feel anxious. Money is something that everyone wants to hold in their own hands. The issue of capital outflow is not something to be taken lightly.

Now, we are just waiting to see how this play unfolds next. Perhaps, after a while, there will be new plot twists. The world changes too quickly; we need to keep our eyes peeled and watch closely. After all, this is not child's play.

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