China's crypto dance is like a never-ending tango - one step forward, two steps back, and then a sudden twirl. Are they really regulating or just enjoying the dance? Either way, it keeps us all wondering what's next.
It's easy to understand to be honest, I like the analogy. CCP wants what's best for the party, and if the favor and benefits that bitcoin offers is swaying, then the party is going to swaying wherever they get the most benefit. Doesn't China always do this with other stuff too, I just can't think of one thing that is similar to this but I am sure of it.