BTC fell below 11,200 USDT in the short term.

According to an Aug. 26 Securities Daily report, Ding Feipeng, an attorney for Beijing Luning law firm, said the "digital assets" mentioned in the policy implications do not include digital crypto results. Digital rewards do not contain financial resources such as gifts and strength, do not have the same rights as money, and cannot and should not be used to earn money in the marketplace. Public financial transactions are considered illegal and illegal, such as illegal sales, illegal spending, financial fraud, and pyramid schemes. He also added, “People who are really involved in blockchain technology will be ready to accept the law, and only those who break blockchain rules will be afraid of the law.