#ChinaReaffirms #PBOC

🇨🇳 China Reaffirms Full Crypto Ban

PBOC says all crypto activity remains illegal and warns stablecoins violate AML rules.

China doubles down on e-CNY development — but underground mining still strong, holding ~14% of global BTC hashrate.

Remember 2021? China’s ban triggered a major crash — now the crackdown continues.#bitcoin #BinanceHODLerAT #BTCRebound90kNext? $BTC

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