Re:The political case for a blanket cryptocurrency ban
by andreilys on Thursday April 01, 2021 @03:01PM
(#26664676)
Why wouldn’t it be likely?
Currency flight from China is a serious problem, and the CCP has instituted controls to make sure money doesn’t leave the country (except for some permitted amount)
I don’t think it’s unlikely that BTC gets cracked down on by the CCP if they notice that a large volume of citizens are using it to skirt capital controls.
Currency flight from China is a serious problem, and the CCP has instituted controls to make sure money doesn’t leave the country (except for some permitted amount)
I don’t think it’s unlikely that BTC gets cracked down on by the CCP if they notice that a large volume of citizens are using it to skirt capital controls.