Answer probly somewhere in between

>>3421550
More regulations to come, not as extreme as China's I'd imagine

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It's China against the West.

Killing off scummy projects is good and preventing from Chinese citizens making huge money is good too. Stalling Chinese intelligencia isn't good. They want to get ahead of the West, keeping cash in the country, getting Western countries cash in, while still keeping the high tech progress alive, tho.
Pedestrians gain is the first thing to sacrifice.

After the dotcom and the housing crash, the bank crash is in front of us and while the West is busy with the South, the East is strenghening their position so they get us by the balls. And they will manage to do so and squeeze us out.
In the best case scenario (for us), they all will regulate shit away, make digital assets serious buziness and when the smaller banks die, capital will flow into it and if you hold some btc now you can buy a nice garden somewhere in the nowhere.

If anything Koreans would be more strict but it was ruled they cant be confiscated Neo a huge crypto china based already has good relationship with the country. stop spreading fud chink coins will explode aleady have

fake china news cause dipped
proven fake, rockets loaded

Why all chinese are so ugly? They all have anus faces.