State-owned capital entering the market will be played to death by international capital, just like state-owned capital trading oil futures abroad a few years ago.
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加密橙姐
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Domestic Bitcoin Strategy: Strict Control of Private Funds, State Capital Enters
Recently, there have been some new updates regarding #比特币 . First, the crackdown on inbound and outbound fund channels continues, with third-party payment methods such as Alipay and WeChat being blocked for deposits. This means that buying Bitcoin through these convenient methods is no longer feasible.
Within six months, state-owned enterprises may be allowed to purchase Bitcoin. This is a significant move, as state-owned enterprises are entering the market.
However, for private funds, the policies are not as friendly. There is a firm determination to prohibit and prevent private funds from independently purchasing Bitcoin, indicating an intention to completely block this route.
So what can private funds do if they want to buy Bitcoin? The policy has provided a channel, which is to purchase through state-controlled securities companies, but the threshold for purchasing is not low, requiring 500,000 RMB.
Finally, there is a strong push to confiscate illegally held BTC by private individuals and transfer it to the national strategic reserves.
The core of these policies seems to be to control Bitcoin from the private sector while allowing state capital to enter the market. The intentions and effects behind this will depend on future developments. #币安Alpha上新
Official Chat Room 币安王牌KOL聊天室，点击进群
Recently, there have been some new updates regarding #比特币 . First, the crackdown on inbound and outbound fund channels continues, with third-party payment methods such as Alipay and WeChat being blocked for deposits. This means that buying Bitcoin through these convenient methods is no longer feasible.
Within six months, state-owned enterprises may be allowed to purchase Bitcoin. This is a significant move, as state-owned enterprises are entering the market.
However, for private funds, the policies are not as friendly. There is a firm determination to prohibit and prevent private funds from independently purchasing Bitcoin, indicating an intention to completely block this route.
So what can private funds do if they want to buy Bitcoin? The policy has provided a channel, which is to purchase through state-controlled securities companies, but the threshold for purchasing is not low, requiring 500,000 RMB.
Finally, there is a strong push to confiscate illegally held BTC by private individuals and transfer it to the national strategic reserves.
The core of these policies seems to be to control Bitcoin from the private sector while allowing state capital to enter the market. The intentions and effects behind this will depend on future developments. #币安Alpha上新
Official Chat Room 币安王牌KOL聊天室，点击进群
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