[https://www.newsbtc.com/2020/07/06/china-sees-new-wave-of-crypto-crackdown/?utm_source=rss&utm_medium=rss&utm_campaign=china-sees-new-wave-of-crypto-crackdown](https://www.newsbtc.com/2020/07/06/china-sees-new-wave-of-crypto-crackdown/?utm_source=rss&utm_medium=rss&utm_campaign=china-sees-new-wave-of-crypto-crackdown)

This is why stablecoins are important. Opt out of your shitty foreign fiat at will

This is no surprise as China is a wave of constant yes/no practice. Tether is used widely as a money laundering crypto and as global tensions climb it will only become used more.

Agreed. "This is why stablecoins are important. Opt out of your shitty foreign fiat at will"