Debunked: Several Foreign Media Outlets Today Reported "China Again Bans Cryptocurrency Trading and Mining," Which May Be Misinformation

BlockBeats News, August 3rd. Today, multiple overseas media and KOLs, including Kalshi, First Squawk, and The ETF Store President Nate Geraci, reported on the so-called "China Just Announced Officially Banning Cryptocurrency Trading and Mining" news. BlockBeats has learned from multiple sources that as of today, there has been no recent ban announced.

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