FrontRunFighter
I remember the last time that association spoke up was three years ago during the NFT frenzy, and guess what? The NFT market really cooled down afterward... And now they're back again.
Today, the China Internet Finance Association, together with several departments, issued a new risk warning, still focusing on virtual currencies. Looking at the calendar, it’s been exactly three years of silence since 2022, but counting back over the past five years, this is already the fourth time they've stepped in.
People in the industry know that every time an announcement like this comes out, market sentim
View OriginalToday, the China Internet Finance Association, together with several departments, issued a new risk warning, still focusing on virtual currencies. Looking at the calendar, it’s been exactly three years of silence since 2022, but counting back over the past five years, this is already the fourth time they've stepped in.
People in the industry know that every time an announcement like this comes out, market sentim
