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Recently, a piece of news stating "China has once again officially announced a ban on Crypto Assets trading and Mining" has garnered widespread attention on social media. However, after investigation, this rumor may not be true. In fact, there has been no new official announcement or regulation indicating that the Chinese government is tightening control over Crypto Assets again.
It is worth noting that China completely banned Crypto Assets Mining activities as early as 2021. At that time, the Financial Committee of the State Council issued relevant documents, clearly targeting Bitcoin Mining and trading activities. This move caused significant fluctuations in the global Crypto Assets market.
Although China's attitude towards Crypto Assets has been relatively strict, it does not mean that new bans will be issued from time to time. In today's world of rapid information dissemination, we should remain vigilant and take a cautious approach to unverified news.
For participants and followers in the crypto assets industry, accurately grasping policy trends is crucial. In the future, we may see more countries and regions formulate relevant regulations to address the opportunities and challenges posed by crypto assets. Regardless, in this rapidly evolving field, the ability to remain objective and rational, as well as to verify information in a timely manner, will become an essential quality for everyone.