Highlight of the week: On Weibo (China's Twitter), a large number of cryptocurrency KOL accounts have been blocked, which caused bitcoin dropped 5%; former Chinese police officers believe that they will issue a clear judicial policy to crack down on cryptocurrencies within 3 months; a conservative financial regulatory official said that cryptocurrencies need to be completely banned, and foreign experience has nothing to do with China; except for Inner Mongolia, other regions restrict Bitcoin Mining policies will be introduced one after another.
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China crypto news of the week (May 31 to June…
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Highlight of the week: On Weibo (China's Twitter), a large number of cryptocurrency KOL accounts have been blocked, which caused bitcoin dropped 5%; former Chinese police officers believe that they will issue a clear judicial policy to crack down on cryptocurrencies within 3 months; a conservative financial regulatory official said that cryptocurrencies need to be completely banned, and foreign experience has nothing to do with China; except for Inner Mongolia, other regions restrict Bitcoin Mining policies will be introduced one after another.