In the wake of a historic collapse in the Crypto Assets market, we can truly understand the profound meaning behind the state's suspension of related transactions and operations—this is by no means a simple policy intervention, but rather a proactive measure for national financial security and the protection of people's assets.

As Bitcoin may record its most brutal monthly decline in history, the digital currency market has played out like a disaster movie with continuous collapses over the past few weeks. Leverage trading has turned into a ruthless wealth crusher, with even minor fluctuations being enough to instantly liquidate countless investors using low leverage, reducing their lifetime savings to ashes in the blink of an eye.

It is worth reflecting that before the policy was introduced, our country was the most active battleground for global Crypto Assets trading. If decisive measures had not been taken at that time to curb the speculative frenzy, we would inevitably have become the most severely affected region in this global crash. Countless families might suffer irretrievable losses due to the evaporation of the value of virtual assets. Even more alarmingly, investors often attribute their losses to market fluctuations or trading platforms, but rarely reflect on the fundamental issue of their own irrational speculation. This cognitive bias can easily lead to social conflicts that extend beyond the financial realm. The decisive actions taken by the state have effectively built a flood dam to protect the wealth of the people, alleviating systemic risks before the impending nationwide financial disaster.
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