According to the South China Morning Post, the People's Republic of China's announcement to ban cryptocurrency trading turned out to be nothing more than a hacker ploy.
Recall that earlier the US press learned that the Hong Kong Monetary Authority and the People's Bank of China were going to take measures in China and Hong Kong. More specifically, measures on services that are related to crypto trading.
The letter also stated that innovations to combat money laundering in Beijing will come into force on February 14. Mining operators, trading platforms, wallets and market makers are also included in the list of “undesirable” persons against whom these measures will supposedly be introduced.
As it turned out, in fact, the PRC is not going to introduce any measures. The letter was received from the “@pbc.gov.cn” mailbox, as a result of which the press representatives decided that it was real. The mailbox itself belongs to one of the employees of the Central Bank of China, but he stated that he did not send any letters, and his mailbox was hacked.
According to experts, hackers hacked the mailbox in order to create panic in the cryptocurrency market, and at the same time take short positions on Bitcoin
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