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Multiple foreign media outlets reported today that "China's ban on Crypto Assets trading and Mining" may be false news.
On August 3rd, today, several overseas media and KOLs, including Nate Geraci, president of Kalshi, First Squawk, and The ETF Store, reported the so-called "China has just officially announced a ban on crypto asset trading and mining." BlockBeats has learned from multiple sources that there has been no relevant ban announced recently. In fact, as early as May 19, 2021, China had completely banned encryption mining activities.