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# ChinaShapesCryptoRules:
626
CryptoEye
#ChinaShapesCryptoRules: How China Is Quietly Redefining the Future of Digital Assets
China has long been viewed as one of the most restrictive jurisdictions when it comes to cryptocurrencies. From banning crypto exchanges to shutting down mining operations, the country’s tough stance once seemed entirely hostile to digital assets.
However, beneath the surface of these strict policies, China is playing a far more strategic role—one that is actively shaping global crypto regulations and influencing how digital finance will evolve worldwide.
Rather than embracing decentralized cryptocurrencies
China has long been viewed as one of the most restrictive jurisdictions when it comes to cryptocurrencies. From banning crypto exchanges to shutting down mining operations, the country’s tough stance once seemed entirely hostile to digital assets.
However, beneath the surface of these strict policies, China is playing a far more strategic role—one that is actively shaping global crypto regulations and influencing how digital finance will evolve worldwide.
Rather than embracing decentralized cryptocurrencies
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