China Bans Holding of Bitcoin and All Cryptocurrencies, Report Says

On May 30, 2025, China introduced a new nationwide ban prohibiting the personal ownership of cryptocurrencies, including Bitcoin, according to a report by Binance. The updated policy expands earlier restrictions on crypto trading and mining, now outlawing even individual holdings of digital assets. The move signals a deeper commitment by Chinese authorities to centralize financial […] The post China Bans Holding of Bitcoin and All Cryptocurrencies, Report Says appeared first on Coin Edition.