My two earlier comments were based upon western news media spin on the cryptocurrency situation in China. Below is a link to the actual statement by the People's Bank of China. You can use Google Translate to read the English (or language of your choice) translation, as I did, to make your own determinations:
http://www.pbc.gov.cn/goutongjiaoliu/113456/113469/4348521/index.html
RE: Daily Crypto Markets Live Blog: Twitter Applying Bitcoin Tips (09/24/21)