🇨🇳 China Tightens Crypto Crackdown


China has introduced new online marketing rules that reinforce its stance on crypto.
Key points:
➡️ Promotion, issuance, and trading of crypto are again classified as illegal financial activities
➡️Focus on online advertising and marketing channels
➡️Aims to curb retail participation and capital flow via digital assets
This isn’t a new ban, but a tightening of enforcement, especially around how crypto is marketed and accessed.
Historically, such moves create short-term volatility, but long-term effects have been limited as activity shifts offshore.
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