China did NOT ban institutions/firms from crypto payments. This FUD news is misleading and wrong!

They didn't and can't ban anything. Those associations just issued a document, basically giving their own opinion. This FUD news is misleading and translated incorrectly.​Read (or translate) #2 there: https://mp.weixin.qq.com/s/Zpl0MWesUp2E8R23fNJf_g​Don't fall for this trap. Funny how people panic sell BTC when this yearly China FUD pops up. Funny how BTC also pumps after this FUD.

Submitted May 18, 2021 at 09:48PM

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