# Understanding China's Policy on Cryptocurrency Restrictions
China's comprehensive cryptocurrency ban fundamentally reshapes global digital finance, affecting investors, traders, and users worldwide. This article examines the strategic rationale behind the ban, including financial risk control and Digital Yuan promotion, while analyzing its cascading impacts on mining redistribution, market volatility, and regulatory frameworks. Through real-world data and case studies, readers gain critical insights into how China's crypto policies influence global markets, mining ecosystems, and trading strategies on platforms like Gate. Essential for cryptocurrency stakeholders, this guide clarifies policy measures, market responses, and adaptation strategies in an increasingly regulated digital economy.