China is preparing to create a BTC reserve treasury to seize the pricing power of BTC. Part of the BTC comes from PlusToken, the largest MLM fund.
Much better if you include the link in your post if where did you get this news and how true is it? Sometimes it's difficult to believe the unbelievable that's why you need to put supporting documents to prove about the issue. If that was true then what happen? It can give either a positive or negative effect in crypto, I don't think so. What if not only China but also other country planning to create a BTC reserve treasury?