As mentioned on the latest @bitsandbips podcast, China must do more and the U.S. Treasury agrees.

https://finance.yahoo.com/news/us-treasury-urges-china-concrete-182749150.html?guccounter=1

https://unchainedcrypto.com/bits-bips/bits-bips-why-bitcoin-is-a-leveraged-bet-on-global-liquidity/