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As always, China mostly wants to be the first in case of innovations and mass adaptation regarding on technology. They had precautions about cryptocurrency and they know where are the bounderies that must be taken care of. They know that there's more potential on cryptocurrency for the near future and taking advantage on it is a great idea, also, their reference from its success as we all know that it is bitcoin.
What are you saying dude? China does have that kind of recognition or positiveness towards bitcoin as recently they have banned btc mining and they enforce up the use of their own digital fiat which is totally opposite on what you are claiming.