Has China really fully opened up to cryptocurrency? Cryptocurrency fund promotions appear on the Alipay fund homepage in mainland China.

According to reports on December 12, 2024, blockchain news indicates that community users have reported receiving promotional ads for cryptocurrency funds on the homepage of the Alipay fund page for some users in mainland China. The content states, 'Global investment, cryptocurrency surging, starting from 10 yuan, get on board now.'

Is something really big about to happen? If it opens up completely, is that good or bad? Brothers, like me, must be thinking the same thing, right?

After verification, the fund is Huabao Overseas Technology C (QDII-FOF-LOF), which is a compliant investment model for overseas assets, indirectly holding Coinbase stocks and ARK Invest's Bitcoin spot ETF. Currently, each person is limited to purchasing 1,000 yuan per day.
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