Major Chinese Banks Bar Customers From Buying Gold, Precious Metals

[Lenipiw]

Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to “protect investors.”
Visit Here: https://news.bitcoin.com/major-chinese-banks-bar-customers-from-buying-gold-precious-metals/

[Delgado]

Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to “protect investors.”
Visit Here: https://news.bitcoin.com/major-chinese-banks-bar-customers-from-buying-gold-precious-metals/

I do not yet understand the meaning of such a prohibition. Earlier, the Chinese government, on the contrary, in every possible way stimulated the desire of the population to turn their savings into gold and jewelry. This contributes to an increase in the level of real wealth and the standard of living of the people. Does this time the government wants the population to invest their savings in cryptocurrency? Somehow I can't believe it.