⚡️🚨🇨🇳 NEWS - China resells seized crypto despite official trading ban.
Local governments are using private companies to convert assets into cash to fund their budgets.
With 194,000 BTC (~$16 billion), China is said to be the 2nd largest #Bitcoin holder after the USA.
China and Russia banned BTC for their people. But not for the government. Makes perfect sense.
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