BITWU.ETH 🔆|5月 22, 2026 10:55
⚠️ Breaking News: The sky is falling! The CSRC and seven other departments are cracking down hard on overseas brokers illegally facilitating cross-border stock trading in China!
Key points:
1) They’re planning to confiscate all illegal earnings from Tiger, Futu, and Longbridge, both domestically and abroad. All the money they made has to be handed over, plus fines.
2) A 2-year intensive crackdown: if you already have an account, you can only sell, not buy. You can transfer money out, but not in!
3) After 2 years, a complete shutdown—no more providing any trading services to investors within China.
Such a heavy-handed move… are they worried this year’s three major IPOs will drain liquidity from the A-share market??
Anyway, fam, it’s clear that RWA assets and on-chain U.S. stocks are about to rise!
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