Both China and the U.S. are limiting cryptocurrency speculation, but the reasons behind it are very different! Don't blindly follow the trend anymore.

Recently, the China Internet Finance Association and six other departments jointly issued a risk warning, reminding everyone to be vigilant against illegal activities related to virtual currencies. In fact, it's not just our country; the U.S. is also limiting its citizens' participation in cryptocurrency trading, with many platforms even directly blocking access from certain regions in the U.S.

However, the reasons on both sides are actually different. I believe that here, the main reason is due to the decentralized nature of virtual currencies, which does not align well with our emphasis on centralized management and social stability. On the other hand, the U.S. is more focused on figuring out how to regulate and tax these activities. Once they figure it out, their policies might loosen up.

So everyone, don't be envious just because others are speculating in cryptocurrencies; the underlying issues are complex and the policy risks are significant. Protecting your own wallet is more practical than anything else!

The market always has opportunities; the key is to operate calmly. Baiyue will continue to help everyone keep an eye on on-chain dynamics and move steadily forward together! Follow Baiyue and participate in every attack by Baiyue villagers! Baiyue will announce the specific entry times and real-time news in the village every day!