Brutal to the core! The central bank and 13 ministries launch a precise crackdown on the crypto world. Buying and selling USDT is now a violation. The previous crackdowns weren’t even appetizers! Stop holding onto illusions! The central bank, together with 13 ministries, issued a document, and this isn’t just a “routine knock” on virtual currencies—it’s a precise “hunt to the bone”! Compared to the announcements in 2017 and 2021, the previous crackdowns were at most “cleaning up the trash”—strictly investigating mining, cracking down on illegal fundraising, and targeting pyramid schemes and scams, only addressing the “peripheral chaos” of the crypto world. But this time, they’ve gone straight for the jugular—full-chain control of payment channels, even directly naming stablecoins, explicitly stating that buying and selling USDT could be considered illegal! What does this mean? It means virtual currencies have lost their only bridge to the real world, going from “gray circulation” straight into the “illegal zone”! Calling this a “root-and-branch eradication” is an understatement—this is about completely cutting off the crypto world’s lifeline! What’s even more ironic is that the top players in the crypto world had already “run away” in advance! Before the announcement, all the big names were hyping up decentralized exchanges like crazy. It looked like they were “laying out a new track,” but in reality, they had already caught wind of the policy direction and prepared their own “safe havens”! So don’t ask why there wasn’t a massive crash after the announcement—because this wave of bad news had already been digested by these people in advance. While retail investors were still hesitating, they had already shifted their positions! The future of the crypto world is now just a “death countdown” under regulatory pressure: payment channels are sealed off, stablecoin circulation is obstructed, and even decentralized exchanges will eventually be targeted. The time left for crypto players is truly running out.