China to unban bitcoin?

There is a rumor circulating that China is going to make an announcement soon regarding bitcoin.

Supposedly they are going to unban bitcoin.

Here's where the rumor is coming from:

(Source: https://x.com/CryptoNobler/status/1852400180760310144/photo/1)

Looks nice for sure.

That being said China is trying to stave off a recession and they are guarding against capital flight.

I would be shocked if they would turn to bitcoin at a time like this, something they cannot control.

Here's to hoping though!