China continues to assert its tough stance: banning transactions, holding, and mining crypto, while also tightening the display of prices and promotion on technology platforms, to pave the way for the digital Renminbi (CBDC). In contrast, the EU implements MiCA as a unified legal framework for 27 countries, while the UK enacts legislation recognizing digital assets as a form of legal property.

Significance for the market:

- Each tightening news from China often creates short-term FUD, but highlights "friendly" areas such as the US, EU, UK, and Singapore.

- TP/SL strategy: If negative news pushes prices to a strong support zone, one may wait for a confirmation of a reversal candle before placing a small order, with TP at the equilibrium zone before the news, and SL below the newly formed low. There is high risk when trading during the announcement of policy news, so reduce order volume.

#China #EU #MiCA #Regulation #CBDC