Is this crypto positive?

[EE_]

China's central bank declares all crypto transactions as illegal
Beijing's announcement sent cryptocurrencies tumbling.

Sareena Dayaram
Sept. 24, 2021 4:19 a.m. PT

China's Central Bank declared all cryptocurrency-related transactions illegal on Friday, in an intensification of the country's crackdown of the industry, which it says breeds illegal and criminal activities.

"Virtual currency-related business activities are illegal financial activities." a statement on the People's Bank of China website reads.

According to the notice, Beijing will ban all financial institutions, payment companies, and internet platforms from enabling cryptocurrency trading. The announcement sent the cryptocurrencies tumbling, with Bitcoin plunging past the $44,000 level before stabilising. Global cryptocurrencies have seen volatile fluctuations partly driven by China's regulations, as Beijing seeks to clampdown on the industry.

The trading of cryptocurrencies has given rise to the disruption of "economic and financial order, breeding illegal and criminal activities such as gambling, illegal fund-raising, fraud, pyramid schemes, and money laundering, and seriously endangering the safety of people's property," the statement says.

https://www.cnet.com/tech/chinas-cen...ns-as-illegal/

Keep in mind the US government is under CCP control. China controls all our corporations and banks.

[osoab]

They are owned by the same masters.

[Ares]

They are owned by the same masters.

Not exactly.... Decentralized no owners other than the people who hold it.

Centralized (Central Banks) 500 year+ Banking families.

[osoab]

Not exactly.... Decentralized no owners other than the people who hold it.

Centralized (Central Banks) 500 year+ Banking families.

Meant China and US.

[osoab]

Keep in mind the US government is under CCP control. China controls all our corporations and banks.

Could say Blackrock and Vanguard too.

https://www.bitchute.com/video/vhUz5SpAgUKA/

[ziero0]

Gold was made illegal for the U.S. freed slave class in 1933.

What is the difference?

[Ares]

Meant China and US.

China Joe I believe is trying to work the same angle to get crypto outlawed. They don't and can't control person to person transactions with crypto, however they can control the conversion of crypto to fiat which is what they've been locking down for the past 8 years now.

[osoab]

China Joe I believe is trying to work the same angle to get crypto outlawed. They don't and can't control person to person transactions with crypto, however they can control the conversion of crypto to fiat which is what they've been locking down for the past 8 years now.

China Joe is only angling for ice cream and a sniff. Now the other lackeys surrounding him, they are doing the bidding of the masters.