Crackdown on Crypto Speculation in Chinese Platforms Continues
The post Crackdown on Crypto Speculation in Chinese Platforms Continues appeared on BitcoinEthereumNews.com.
Key Points: China intensifies cryptocurrency regulations on social media platforms. Efforts align with the historical 2017 clampdown on crypto trading. Potential innovation in regulatory technologies due to enforcement measures. The Beijing Business Daily unveiled that cryptocurrency speculation has permeated Chinese platforms like Xiaohongshu and Taobao, posing new challenges for regulators amid ongoing crackdowns by the People’s Bank of China. This infiltration complicates China’s crackdown on cryptocurrency activities, highlighting the need for a multi-stakeholder approach to effectively combat speculative risks and illicit trading practices. Ongoing Clampdown Aligns With China’s 2017 Crypto Ban According to CoinMarketCap, Bitcoin (BTC) is priced at $91,284.06, with a market cap of $1.82 trillion and a 24-hour trading volume of $37.36 billion. Over 90 days, BTC fell by 16.15%. The circulating supply is 19,955,725 BTC, nearing its max of 21 million. Coincu research indicates that China’s crackdown may lead to reduced domestic cryptocurrency speculative activity, shifting focus to international markets. Yet, the technological measures needed to implement restrictions could foster innovation in regulatory technologies, impacting how platforms and users adapt globally. Yet, the technological measures needed to implement restrictions could foster innovation in regulatory technologies, impacting how platforms and users adapt globally. Market Overview Did you know? China’s crackdown on cryptocurrency trading first initiated in 2017 has continuously adapted to emerging digital trends, including today’s sophisticated diversion tactics on social platforms. According to CoinMarketCap, Bitcoin (BTC) is priced at $91,284.06, with a market cap of $1.82 trillion and a 24-hour trading volume of $37.36 billion. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 12:22 UTC on November 30, 2025. Source: CoinMarketCap Over 90 days, BTC fell by 16.15%. The circulating supply is 19,955,725 BTC, nearing its max of 21 million. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We…
Filed under: News - @ November 30, 2025 12:27 pm