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.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.