🇨🇳 China has "banned" crypto (AGAIN)

..or so the headlines would have you believe.

But let’s clear the air: there’s no new ban.

What’s going around today is just old news repackaged.

ALTCOINS LINKED TO CHINA :

$VET
$FIL
$IMX
$VANRY
$CFX
$NEO
$CKB
$FLOW
$CAKE
$SUSHI

Some viral posts claim China is now criminalizing crypto ownership, shutting down mining, and banning all trading.

But in reality, all of that was already banned back in 2021. No fresh policy has been announced. No new law has passed.

No statement from the People’s Bank of China.

It’s just another round of recycled fear, what we in crypto now jokingly call “China FUD.”

China’s history with crypto has always been tense. Over the years, they’ve cracked down on mining, shut down exchanges, and pushed people toward their own state-run digital currency, the e-CNY. But despite all that, the crypto market has adapted and recovered every single time.

What’s interesting is that these “bans” always seem to trend during market inflection points as if someone, somewhere, wants to shake out weak hands. And while the mainland remains restrictive, Hong Kong has been quietly doing the opposite - licensing exchanges, experimenting with stablecoins, and even dipping into RWA tokenization.

Still, it’s worth watching how certain altcoins react to this kind of China-centric news.

Bottom line: nothing has changed. No new ban, just another déjà vu moment.

Stay calm, stay sharp, and don’t fall for the FUD.