China Launches New Capital Controls: Puts $15,000 Annual Cap On Overseas ATM Withdrawals | WHAT REALLY HAPPENED


China Launches New Capital Controls: Puts $15,000 Annual Cap On Overseas ATM Withdrawals

And while China has been doing everything in its power to halt the capital flight, or at least give the impression there no longer is one, going so far as the central bank directly manipulating the currency by directly crushing the shorts in terminal short squeezes and margin calls to telegraph to the world that there is no legitimate capital flight, actions out of China suggest otherwise, and it now appears that - in the latest good news for bitcoin bulls - China is once again cracking down on capital controls as hot money outflows have not only not stopped, but may again be accelerating.

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