Illustration featuring China secretly selling its cryptos, with traders astonished by the transaction.

While Beijing maintains a strict ban on cryptocurrencies, a paradoxical reality is emerging: local governments are quietly selling off seized digital assets, filling their public coffers. Between opacity and financial urgency, this practice reveals the cracks in a system torn between repression and economic pragmatism. A tangle that reignites the debate on the legal framework for these assets, in a geopolitical context where China watches with suspicion the crypto-American advances.

L’article China Quietly Sells Off Its Seized Cryptocurrencies Through Private Companies est apparu en premier sur Cointribune.