💸China may lift the ban on cryptocurrency
Over the weekend, X began actively discussing the possible lifting of the ban on cryptocurrencies in China by the end of this year. The CEO of Galaxy Digital wrote that he also heard about it.
🥷One of the reasons for such rumors was the completion of Justin Sun's trials. At the end of June, the founder of the Tron network won a libel case in the People's Court of China.
🦄If China lifts the ban on cryptocurrency, the impact on the global crypto market could be huge.
7️⃣The return of China, as one of the largest economies in the world, to the crypto market can increase trading volumes and raise prices for digital currencies