Part 1 - The Preamble to the Wobble If you have not read the first part please read it before proceeding further. it will enable you to understand the context of this article from the larger perspective. . click here for Part 1 Part 2- The Cobbles in the Wobble China has once again banned all crypto transactions and crypto mining, hitting bitcoin and other major coins. This is yet another ban since 2019, in one of the world's largest crypto-currency markets. The difference this time seems to be the extent of involvement of all state agencies. The official statement is that the current ban is a resolute clamp down on virtual currency speculation, and related financial activities and misbehaviour in order to safeguard people's properties and maintain economic, financial and social order. The reaction in social media is that ‘there is a degree of panic in the air’. Is the Government preparing the political ground for the fall of Evergrande and its ensu...
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