As always, the true results of crypto news coming out of China are more nuanced than the immediate media and market reaction.
Not irrelevant! But also more complicated than they seem.
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When I see how mainstream media chooses to portray crypto, it makes me question everything else they publish.
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I'm glad FTX were Bahamas based and out of the powerhouse glimpse. CCP doesn't like it when a corporation or entity grew too big as they "assume" it would be a national threat.
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