Is China Unbanning Crypto In 2024?

Crypto Live News

Author: Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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A recent tweet by Tron founder Justin Sun has sparked a rumor that China might lift its ban on cryptocurrencies. There are speculations that China may soon lift its ban on cryptocurrency, potentially influenced by pro-crypto policies in the U.S. election. This move could lead to a significant influx of new users into the crypto market, with predictions of over 100 million new users in 2024. However, there has been no official confirmation yet from the Chinese government, and the information remains speculative.

Source: https://coinpedia.org/crypto-live-news/is-china-unbanning-crypto-in-2024/