I wonder if this is true. Articles I've found also use this Twitter account as their source. It's really hard to tell what China would and wouldn't do at this point. It would also be interesting how people would react to censorship if it (potentially) favors them lol.


They do allow OTC exchanges, which is something I suppose. And the only (or at least largest) reason they banned regular exchanges is to curb capital outflows, or so they say.

I do wonder why Xi himself would publicly come out in support of blockchain tech, but we can only assume they have something big in the works. I don't think it will be good for Bitcoin.