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Coin Edition 2025-01-25 15:20:00

China’s Bitcoin Ban: Odds of a Policy Shift in 2025 Shrink Further

China’s Bitcoin ban is likely to remain in place, with market expectations at just 2% probability. Over $50 billion in crypto left China in 2019-2020, driving stricter regulations. China and the U.S. hold the largest Bitcoin shares, totaling $55.3 billion in holdings. China’s stance on cryptocurrency regulation continues to dominate discussions, especially as rumors circulate about a potential reversal of its 2021 Bitcoin ban. Recent data, however, suggests that the likelihood of China lifting its Bitcoin ban by March 31, 2025, has dropped significantly. BREAKING China is about to unban #BITCOIN ! pic.twitter.com/oPaTFYIziY — Sensei (@SenseiBR_btc) January 24, 2025 In 2021, the People’s Bank of China imposed a nationwide ban on digital currency transactions, citing concerns over their role in facilitating financial crimes and disrupting traditional financial systems. Despite this, blockchain data from Chainalysis showed that over $50 billion worth of digital currencies left East Asia between 2019 and 2020, much of it linked to Chinese investors moving capital abroad. This significant outflow, combined with high activity levels on local cryptocurrency… The post China’s Bitcoin Ban: Odds of a Policy Shift in 2025 Shrink Further appeared first on Coin Edition .

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