Is China ready to lift its ban on Bitcoin? New rumors for September?
Rumours suggest China may lift its Bitcoin ban in September 2024, potentially reshaping the global cryptocurrency market.
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Is China Preparing to Lift Its Crypto Ban?
07/03 07:30
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More news about china crypto ban lift
- Huang Bo
Bitcoin Recognition as Property in China Could Potentially Lift Ban
Chinese scholars acknowledge Bitcoin as property, signaling a potential shift in the country's stance on cryptocurrency. This recognition challenges previous perceptions and may lead to a relaxation of the Bitcoin ban. Market responds positively, with Bitcoin price rising by 1.90% to $64,897.90.
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China is softening its stance on NFTs, with reports suggesting a notable shift in its approach after a year of stringent regulations on blockchain projects.
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CointelegraphDeribit and OKX attract significant traffic from China despite a blanket ban: report
Recent geographical traffic data highlights that Chinese traders continue to access centralized exchanges despite a regulatory risk.
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