Former UBS Asia-Pacific investment banking head Joseph Chee said on CNBC that if Beijing allows the public to trade cryptocurrencies under strict oversight, China could trigger the next $BTC supercycle. However, he gave no specific timeline. Chee is currently head of Nasdaq-listed Solana Company, which holds $SOL as a treasury asset. Cryptocurrency trading remains illegal in mainland China. In February this year, the People’s Bank of China and seven other agencies reiterated the ban, and stablecoins require prior approval. #比特币 #Cryptocurrency (Source: X)