China Declares All Transactions Involving Cryptocurrencies Are Illegal
(www.iflscience.com)
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I am pretty sure China is dismantling its deepstate. At least it seems like it to me.
Old news. They criminalized crypto a while ago. They only recently announced ramping up their efforts to curb it.
I thought it was only some crypto a while back, I thought now it's all? I could be wrong, but seems to be pretty popular.
Last time it was about mining. They were using too much electricity.