China issues a reminder on it's crypto ban policy, warning investors in the mainland area to avoid Bitcoin related products.
- The reminder comes as investors in the mainland area are embracing digital assets.
- It also follows a massive rally by Bitcoin towards it's all time high price level.
According to a South China morning post report, a Chinese state-owed media publication has warned investors to "stay Cautious" about Bitcoin-related products, reminding them that the country continues to enforce a ban on crypto trading .
The warning follows Bitcoins massive 48.98% monthly rally in February, which saw the crypto assets price reach a new yearly high. This has sparked surging interest from investors in mainland China, who have remained active despite the government's rigid stance against crypto .
Bitcoin featured as a trending search last week on multiple Chinese online platforms, including micro logging site Weibo and multipirpos app WeChat, where the terms popularity has surgery more than he fourfold.
