🚨 BREAKING: 🇨🇳 #China is selling seized #crypto despite its trading ban, per Reuters. 🏛 Local governments are offloading assets via private firms to raise cash for public budgets. 📢 With 194,000 $BTC (~$16B), China is now the 2nd-largest #BTC holder after the U.S.

🚨 BREAKING: 🇨🇳 #China is selling seized #crypto despite its trading ban, per Reuters.

🏛 Local governments are offloading assets via private firms to raise cash for public budgets.

📢 With 194,000 $BTC (~$16B), China is now the 2nd-largest #BTC holder after the U.S. pic.twitter.com/jOZUnNTL1V

— Crypto News (CoinGape) (@CoinGapeMedia) April 16, 2025