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EliteOptionsTraderJun 04, 2025 at 09:00 pm
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PhyrexNov 30, 2025 at 10:59 am
Following Brother Wu's explanation, when talking about the central government's document this time, from my personal point of view, it is mainly for the three words "stable currency". The first sentence "Virtual currency does not have the same legal status as legal currency, is not legally compensable, and should not and cannot be used as currency for circulation in the market" directly defines the legal status of cryptocurrency and legal currency. In fact, everyone essentially knows that in China, you can hold $BTC. The central bank organized a coordination meeting to combat virtual currency trading speculation. What aspects will it affect? Will it have a big impact on the market? The core impact of the full text of the announcement is the following two points: 1. “Stablecoins have the risk of being used in non-agricultural activities such as money laundering, fund-raising fraud, and illegal cross-border transfers.” Then OTC and CX activities should be strictly investigated, and capital flow monitoring may be greater; 2. “Focus on key links such as information flow and capital flow,” x.com/qinbafrank/sta…
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