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Debunked: Several Foreign Media Outlets Report Today That "China Is Banning Cryptocurrency Trading and Mining Again" May Be Misinformation

2025-08-03 11:41

BlockBeats News, August 3rd, Today, multiple overseas media and KOLs, including Kalshi, First Squawk, Cointelegraph, and The ETF Store President Nate Geraci, reported the so-called "China has just announced the official ban on cryptocurrency trading and mining." BlockBeats has learned from multiple sources that as of recently, no such ban has been announced.


In fact, as early as May 19, 2021, China had already completely banned cryptocurrency mining activities.


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