Despite China’s ban on cryptocurrency trading, local governments in China are reportedly selling seized crypto assets through private companies in offshore markets to raise funds amid an economic slowdown.

Since about 15,000 BTC have been sold nationwide and 194,000 BTC are held, some experts suggest converting these assets into strategic reserves or creating a sovereign crypto fund in Hong Kong.😳😳😳😳😳😳

Fox Business reporter Eleanor Terrett wrote on X: "I noticed that Senator Elizabeth Warren was not very anti-crypto tonight. In fact, she said that as long as the industry follows the same rules as banks and has some consumer protections, 'I am all for a crypto system.'"
Is she backing down on her active opposition to cryptocurrency?😳😳😳