China to ‘maintain a high-pressure situation’ on crypto, official says

[sirty143]

China has reportedly doubled down on its crypto crackdown with a public reminder stating that Bitcoin (BTC) and other digital currencies “are not legal tender and have no actual value.” See more for yourself here.

Your opinion is greatly appreciated.

[Freemind]

Banning mining is a very difficult task, and although the Chinese government seems to be taking things more seriously this time around and various mining groups have left China to mine in other countries, they will not be able to do anything it says in this news. The Chinese government firewall is effective, but they cannot go to every house, people will continue to buy and sell cryptocurrencies without problems.