I just came across this news article claiming crypto has been legalized in China.

https://www.btcnn.com/china-lifts-bitcoin-ban-individuals-and-businesses-can-now-own-cryptocurrencies-legally

According to the post it is now legal tow own cryptocurrency and for businesses to accept them.

That would seem a huge reversal and open the door for exchanges in china again.

Can anyone confirm this? It seems like huge news ro me that ought to move the needle quite a bit

Update

Thanks to Hive account@vimukthi for pointing out that this is not really correct. I was wondering why this was not bigger news.