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🧧Babies who understand this picture, reply with the answer in the comments section to receive a red envelope🧧 The joint statement from thirteen departments in China is like a deep-sea bomb, once again stirring up huge waves in the cryptocurrency circle. History is always astonishingly similar. Looking back, from the five ministries banning the purchase of Bitcoin in 2013, to the seven ministries banning ICOs and withdrawing exchanges in 2017, to the most severe comprehensive withdrawal of mining fields by ten ministries in 2021, and now the ban on stablecoins by thirteen ministries, almost every three to four years there is such a "precise mine clearance". Each time, the market is accompanied by huge shocks and plummets, but each time, after the tide recedes, the market gathers again in a new posture. $ETH $BNB $BTC
🎁Satoshi Nakamoto, we have never forgotten. His anonymous identity teaches us: code is truth. Today, every block of Bitcoin tells the story of his legend. Our Satoshi Nakamoto community is the proof of his immortal thought. $币安人生 #中本聪 #特朗普加密新政
Central Bank's New Policy Interpretation: Why is this Shock Different from the Past?
Recently, the central bank, in conjunction with multiple ministries, issued a document reiterating its crackdown on virtual currency speculation. Many investors felt a sense of tension, fearing a repeat of the '5·19' level storm. However, in-depth analysis reveals that the impact of this policy is far less than in previous years. What is the reason?
Core Difference: Shift in Focus of Crackdown Unlike in the past, which primarily targeted mining and fraud, this policy directly points to stablecoins (such as USDT) and their underlying 'capital flow' and 'information flow.' This means that cross-border capital transfers, gray OTC trading, as well as domestic public promotions and community operations will face stricter regulations. The deeper intention is to block an 'unregulated cross-border dollar system' and maintain financial security.
Why is the Market's Reaction Relatively Mild? The key lies in the fact that relevant domestic exchanges, mining farms, and other infrastructure have long since relocated abroad. The policy has lost most of its direct targets, and the impact on domestic businesses and capital scale is limited. The market has also fully anticipated domestic policies, and the negative effects have been digested in advance.
Future Outlook and Response Strategies 'Prohibition domestically, active abroad' will become a long-term state. The policy will not change the essence of the market's bull and bear nature but will profoundly affect the way participants engage. For ordinary users, maintaining a low profile, avoiding gray capital chains, and not engaging in domestic public promotions are the primary principles to ensure personal safety. The industry may increasingly rely on decentralized exchanges and other infrastructures in the future, but compliance boundaries must be strictly adhered to.
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