Recently, the Crypto Assets market has stirred once again due to rumors regarding China's "new ban." However, upon closer examination, we find that this is merely a false alarm.

In fact, these so-called "new measures", such as defining the ownership of Crypto Assets as a crime, shutting down mining activities, banning all related transactions, etc., were already implemented back in 2021. Currently, no new policies have been introduced or laws passed. The People's Bank of China has also not made any statements regarding this.

This phenomenon is jokingly referred to in the Crypto Assets circle as "China FUD" (Fear, Uncertainty, and Doubt). For a long time, the relationship between China and Crypto Assets has been tense. Although the government has repeatedly taken measures to crack down, the Crypto Assets market always finds ways to adapt and recover.

It is worth noting that such "ban" news often appears at critical moments in the market, seemingly intending to influence the market direction. Meanwhile, Hong Kong has adopted the opposite strategy, gradually opening up Crypto Assets related businesses, including issuing exchange licenses, exploring stablecoin applications, and even venturing into the tokenization of risk assets.

Nevertheless, some crypto assets associated with China, such as VET, FIL, IMX, etc., still show a sensitive reaction to such news, and are worth close attention from investors.

Overall, this incident reminds us once again that it is crucial to remain calm and rational in the Crypto Assets market. We should be cautious about unverified news and avoid falling into the trap of panic. At the same time, we should continuously pay attention to changes in national policies in order to better grasp market trends.