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China Bitcoin Reserves and Cryptocurrency Policies
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China Bitcoin Reserves and Cryptocurrency Policies

China holds significant Bitcoin reserves from past seizures, but maintains a strict anti-crypto stance for citizens and businesses.

Bitcoin Reserves

~194,000 BTC seized from PlusToken scam
Valued at ~$12.7B (May 2025)

Regulatory Stance

Hostile to crypto trading and mining
Strict enforcement since 2021 ban

Government Activity

Possible liquidation of BTC reserves by late 2025
Digital Yuan CBDC promoted

China Cryptocurrency Profile

Country BTC Reserves % of Global Holdings Legal Status Last Updated Key Policies
China ~194,000 BTC Seized 0.98% Hostile 2025-01-15
  • Seized ~194,000 BTC from PlusToken scam (2019)
  • Reports suggest possible liquidation by 2025
  • Not maintained as a strategic reserve
  • Complete ban on crypto trading and mining (2021)
  • Promotion of Digital Yuan CBDC (ongoing)
  • Strict enforcement of AML/CFT regulations for crypto exchanges (2022–2025)
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