比特幣（加密：BTC）看上去好像正在恢復動力

有理由相信有一種新的逆風來幫助它，以及潛在的催化劑。

People in China have been able to mine and trade Bitcoin (CRYPTO:BTC) since 2021, and 21.1% of the world's Bitcoin is produced in the country. That means whatever Bitcoin-related policies China pursues are going to have a big impact on the coin's price, as well as on its prominence in the future. And there's reason to believe that the country's position on the coin is slowly changing in a way that's favorable for holders.

自2021年以來，中國的人們已經能夠挖掘和貿易比特幣（加密：BTC），世界上有21.1％的比特幣是在該國生產的。這意味著，中國採取的任何與比特幣相關的政策都將對硬幣的價格以及未來的突出作用產生重大影響。而且有理由相信，該國在硬幣上的地位正在緩慢地變化，這對持有者有利。

Earlier this year, rumors began circulating that China was planning to introduce new crypto regulations by mid-2023. These rumors followed a period of relatively light-touch regulation of crypto, with the main activity being a ban on crypto exchanges in 2017.

今年早些時候，謠言開始流傳，說中國正計劃在2023年中期提出新的加密法規。這些謠言是在對加密貨幣的相對輕度調節期間進行的，主要活動是2017年禁止加密交易所。

However, despite the rumors, no major new regulations were announced at the midpoint of the year. Instead, the country's central bank announced in June that it was continuing to study the best way to introduce a digital currency.

然而，儘管有謠言，但在年度中點沒有宣布重大新規定。取而代之的是，該國中央銀行在6月宣布，它正在繼續研究引入數字貨幣的最佳方法。

The fact that no new regulations were announced is interesting in itself. If the rumors were true, then it seems that the country's plans for crypto regulation have changed somewhat.

沒有宣布新法規的事實本身很有趣。如果謠言是真的，那麼該國的加密法規計劃似乎有所改變。

Of course, there are other possibilities. Perhaps the plans for new regulations have simply slipped behind schedule. Or maybe the mid-year timeframe was a misreading of an internal document.

當然，還有其他可能性。也許新法規的計劃只是落後於計劃。也許年中的時間表是對內部文檔的誤讀。

But the fact that no new regulations were announced despite the rumors, and the fact that the central bank is still discussing the best way to introduce a digital currency, suggests that the country's position on crypto is slowly evolving.

但是，儘管有謠言，但沒有宣布新法規的事實，以及中央銀行仍在討論引入數字貨幣的最佳方法，這一事實表明該國在加密貨幣上的立場正在緩慢發展。

And this evolution seems to be going in a direction that is favorable for crypto.

而且這種進化似乎朝著有利於加密貨幣的方向發展。

For example, earlier this year, China's central bank announced that it was studying the possibility of introducing a digital currency. This is a significant development, as it could pave the way for the introduction of a state-backed cryptocurrency.

例如，今年早些時候，中國央行宣布正在研究引入數字貨幣的可能性。這是一個重大的發展，因為它可以為引入國家支持的加密貨幣鋪平道路。

The central bank has been working on its digital currency, e-CNY, for several years now, and it has already conducted several trials of the currency in different cities across the country.

中央銀行已經使用數字貨幣E-CNY工作了幾年，並且已經在全國各地的不同城市進行了幾次貨幣試驗。

The e-CNY is designed to be used in conjunction with existing bank deposits, and it will be available to both individuals and businesses.

E-CNY旨在與現有的銀行存款一起使用，並將為個人和企業提供。

The introduction of e-CNY would be a major event in the cryptocurrency world, as it would provide an alternative to Bitcoin and other cryptocurrencies that are not sanctioned by the state.

在加密貨幣世界中，引入E-CNY將是一個重大事件，因為它將為國家未經國家批准的比特幣和其他加密貨幣提供替代方案。

E-CNY would also be well-positioned to take advantage of the growing popularity of mobile payments in China.

E-CNY也將有充分的位置，以利用中國移動支付的日益普及。

Earlier this year, the central bank also announced that it was studying the best way to introduce crypto derivatives.

今年早些時候，中央銀行還宣布正在研究引入加密衍生品的最佳方法。

This is another important development, as it could open up new avenues for investing in crypto.

這是另一個重要的發展，因為它可以為投資加密貨幣開放新的途徑。

Crypto derivatives are financial instruments that derive their value from the price of an underlying cryptocurrency. They can be used to speculate on the future price of crypto, or to hedge against price declines.

加密衍生品是金融工具，可從基礎加密貨幣的價格中獲得價值。他們可以用來推測加密貨幣的未來價格或對沖價格下跌。

The introduction of crypto derivatives would be a boon for investors, who would be able to manage their crypto investments more effectively. It would also help to bring crypto closer to the mainstream financial markets.

引入加密衍生品將為投資者帶來福音，他們將能夠更有效地管理其加密貨幣投資。這也將有助於使加密貨幣更接近主流金融市場。

Of course, there are still some challenges that need to be overcome before crypto can be fully integrated into the Chinese financial system.

當然，在將加密貨幣完全融入中國金融體系之前，仍然需要克服一些挑戰。

For example, the country's capital gains tax laws would need to be amended to take into account the rapid price fluctuations that are typical of cryptocurrencies.

例如，需要修改該國的資本利得稅法，以考慮到典型的加密貨幣的快速價格波動。

And the government would also need to decide how to classify cryptocurrencies for tax purposes.

政府還需要決定如何為稅收目的對加密貨幣進行分類。

However, the fact that the authorities are now discussing these issues suggests that they are becoming increasingly open to the possibility of accommodating crypto into the existing financial system.

但是，當局現在正在討論這些問題的事實表明，它們越來越開放，可以將加密貨幣納入現有金融體系。

This shift in attitude is likely due to several factors, including the increasing mainstream awareness of crypto, as well as the growing recognition of the potential economic benefits that could be unlocked by crypto.

這種態度的轉變可能是由於幾個因素，包括對加密貨幣的主流意識日益增加，以及對加密貨幣可能解鎖的潛在經濟利益的認識日益認識。

For example, crypto could help to facilitate cross-border payments, which are currently hampered by high fees and lengthy processing times.

例如，加密貨幣可以幫助促進跨境支付，目前，高費用和冗長的處理時間受到阻礙。

Crypto could also be used to support new financial products and services, such as decentralized finance (DeFi) applications.

加密也可用於支持新的金融產品和服務，例如分散的金融（DEFI）應用程序。

Overall, it seems that China is slowly but surely moving in a direction that is favorable for Bitcoin and other cryptocurrencies.

總體而言，似乎中國正在緩慢但肯定地朝著有利於比特幣和其他加密貨幣的方向發展。

The introduction of e-CNY, the ongoing discussion of crypto derivatives, and the adjustments to capital gains tax laws are all positive developments that could help to boost crypto's presence in the country.

引入E-CNY，對加密衍生品的持續討論以及對資本收益稅法的調整都是積極的發展，可以幫助促進加密貨幣在該國的存在。

Of course, there are still some challenges that need to be overcome. But the fact that the authorities are now discussing these challenges suggests that they are becoming increasingly open to accommodating crypto into the existing financial system.

當然，仍然需要克服一些挑戰。但是，當局現在正在討論這些挑戰的事實表明，它們越來越開放，可以將加密貨幣帶入現有的金融體系。

This shift in attitude could have a big impact on crypto's future in China, and indeed around the world.

這種態度的轉變可能會對加密貨幣在中國乃至世界各地的未來產生重大影響。