Elon Musk has expressed concerns about China's impending silver export restrictions, set to begin on January 1. The new rules will require exporters to obtain licenses and state approval, potentially impacting industries reliant on silver, such as battery and automotive manufacturing. China, the world's second-largest silver producer, generated 110.1 million ounces in 2024.
Musk highlighted the potential strain on silver supply amid increasing demand, which could affect liquidity in both traditional and crypto markets. The situation may also prompt a renewed focus on CFT regulations as global metals and digital assets face tighter policy scrutiny.
Elon Musk Warns of Impact from China's Silver Export Restrictions
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