Thank you very much dear friend @dragosroua for sharing this information.
I think that China intends to create its own cryptocurrency and launch it to compete with the market leader.
is very proobable the big drop in the prices of all the cryptocurrency is due to this information
I wish you a wonderful week
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It will not compete.
Same as Baidu doesn't compete with Google.
1bn Chinese just cannot access the later.
And that's how you corner a market :)