A lot of belief that this China crypto ban is FUD due to numerous past attempts; I find it to be rather concerning considering it's consistently a topic of interest. Say China is able to 'restore' financial order through stricter mandates, what's to stop the US from following. We already know that the $1 trillion infrastructure bill will likely pass (vote on 9/27) which will affect future tax reporting. Along with the fact that one can 10x their yearly salary in a week, it seems like we're heading down a path that will eventually deter people from crypto.
If you have an opinion comment below.
If you have an opinion comment below.
