The China crypto ban is false, so why is the internet saying it’s true?
Any Google search related to China and crypto will be dominated by links to legitimate-looking but largely untrustworthy news sources, as well as social posts across X, Instagram and others claiming the country has made some impactful change. It’s always worth remembering, especially if you’re making financial decisions, to seek out verifiable sources.
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The value of many cryptocurrencies did take a minor dip over the weekend, though the coins are so volatile, it’s hard to say whether it’s related to the fake news. Bitcoin fell by 1.05 per cent between Friday and Monday, and Ethereum took a harder tumble of 3.59 per cent, though quickly recovered on Monday.
What is China’s view on crypto?
China has taken a decidedly…
