The bull market has arrived; will the Chinese government loosen regulations on Bitcoin?
It can only be said that, at present, relaxing regulation is almost impossible. The reasons are as follows: 1. Considerations of financial security and capital control China has strict controls over capital flows and financial stability. The decentralized and cross-border characteristics of cryptocurrencies may make them a channel for capital outflow, disrupting the country's control over capital. Therefore, to maintain the stability of capital flows, the Chinese government adopts a cautious attitude towards cryptocurrencies. 2. Advancement of monetary sovereignty and digital renminbi China is vigorously promoting central bank digital currency (DCEP), namely digital renminbi. Digital renminbi is managed by the central bank and aligns with the national goal of maintaining control over monetary sovereignty, whereas decentralized cryptocurrencies like Bitcoin are not controlled by any country and are seen as potential competitors to sovereign currencies. Therefore, China may continue to suppress Bitcoin and other cryptocurrencies to ensure the smooth promotion and application of digital renminbi.
$BTC $ETH $SOL I have finished writing the script! At this stage, it is still slowly rising, everyone FOMO well, let the main forces give them a taste of my big brother, ignore them for two months, wait until the end of January when Old Trump takes office to pump it up! How about this script?
$BTC $ETH $SOL In the past few days, I've been watching the square and noticed that some bloggers have been bearish on ETH, saying it's typical of speculative funds, claiming to see FUD every day below 1500. Is that true? Is it really the case that ETH is done for? What I can confirm is that if it were posted during a bear market, he would definitely be right.
$CFX It seems that this guy is really shouting at everyone to buy (I don’t know why he is so unified), shouting to hold the chips in your hands, shouting to buy, buy, buy! Are the buyers okay? When the pie goes up, he is hesitant, and when the pie goes down, he runs away faster than anyone else! ?