🚨 Is China approaching the legalization of Bitcoin?
Markets say: no… at least not anytime soon. ❌₿
According to estimates from Polymarket traders, the likelihood of China allowing Bitcoin purchases within its borders before the end of 2026 is only 5%. A low number… but it reflects a harsh reality.
Why?
Because Beijing tightened its grip further in February 2026, confirming a clear ban that includes:
🚫 trading within China
🚫 banking facilities for digital currencies
🚫 issuing stablecoins
🚫 converting yuan to Bitcoin
🚫 legalizing cryptocurrency mining
In contrast, the scene is slightly different in Hong Kong 🇭🇰:
Experiments on Bitcoin ETF funds
Potential licenses for stablecoins
But… this flexibility does not extend to the mainland.
The message is clear:
China is handling digital currencies with extreme caution,
even with differing policies within its regions.
📌 The conclusion?
Anyone betting on the legalization of Bitcoin in China soon… is betting against the tide.
💬 What do you think?
Do you see China suddenly changing its position? Or will the ban last longer?
Share your opinion, share the post, and don’t forget to like 👇
