⚡️🇨🇳 LATEST - China is debating how to regulate and dispose of its growing stash of seized cryptocurrencies, with officials suggesting judicial recognition and even building a national crypto reserve.

China is debating how to handle its seized cryptocurrencies, holding 194,000 BTC worth over $16.26 billion. Options include judicial recognition or creating a national reserve. This could impact Bitcoin's price significantly.

- Selling the BTC might flood the market, lowering prices due to increased supply.

- Holding it in a reserve could signal confidence, potentially raising prices.

Globally, seized Bitcoin totals 527,705 BTC, valued at $44.34 billion, or 2.52% of the circulating supply. China's moves might influence global crypto regulations, as other countries observe. For traders, this means potential market volatility depending on China's final decision.