China has not suppressed cryptocurrencies.
In China, the government has always emphasized the need to strengthen financial supervision and risk prevention to ensure the stability and healthy development of the financial market. The Chinese government has banned the mining of cryptocurrencies such as Bitcoin, cleaned up illegal financial activities, and strengthened the supervision of virtual currency trading venues. These measures are aimed at protecting the rights and interests of investors, maintaining national financial security and social stability. At the same time, it also reminds the public to look at the cryptocurrency market rationally, avoid blindly following the hype, and guard against financial risks.
As for the statement that "the sickle that harvested the global economy was given to the United States", it may be due to a misunderstanding of the complexity and risk of the cryptocurrency market such as Bitcoin. In the field of investment, risks and returns coexist, and investment decisions should be made based on personal risk tolerance and investment goals.
In general, these measures in China are to maintain financial order, protect the interests of investors, and prevent and resolve financial risks, rather than so-called "suppression". We should look at this issue objectively and rationally, and look forward to a healthier and more stable financial market environment.
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