China’s local governments sell 15,000 Bitcoin worth $1.25 billion via offshore private entities: Reuters.
JUST IN: 🇨🇳 China's local governments sell 15,000 Bitcoin worth $1.25 billion via offshore private entities: Reuters. pic.twitter.com/N7L5b8PxNi — Whale Insider (@WhaleInsider) April 16, 2025 🚨BREAKING: 🇨🇳China is selling seized crypto, despite its trading ban — Reuters reports. Local governments are using private firms to sell crypto for cash to fund public budgets. China reportedly …