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Polymarket traders are pricing the prospect of China legalizing onshore Bitcoin purchases at roughly 5%.
At first glance, the number appears dismissive. Still, it raises the question of whether the Chinese government will explicitly permit citizens to convert renminbi into Bitcoin within mainland China by the end of 2026.
That distinction matters because the regulatory architecture Beijing recently completed points in the opposite direction.
The prediction market asks a binary question: Will the People’s…