China Imposes New Capital Controls; Bitcoin Price Optimistic

https://cointelegraph.com/news/china-imposes-new-capital-controls-bitcoin-price-optimistic

China has unveiled new capital control regimes that will restrict and limit overseas investment by Chinese corporations. Similar to China’s crackdown on Wealth Management Products (WMPs) in October, analysts predict that the tightened regulations on overseas investment will increase the demand for Bitcoin.

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