Chinese state-owned media publication Economic Daily published an article on Sunday to warn against the risks associated with bitcoin amid the cryptocurrency’s recent rally, as China continues to ban crypto trading activities.

Jingji Ribao, or Economic Daily, a state-owned newspaper, wrote that investors should “stay cautious” about bitcoin-related products and that bitcoin has yet to enter the mainstream.

The article noted that while the U.S. has allowed the listing of spot bitcoin exchange-traded funds (ETFs), China continues to enforce a ban in crypto trading. The article cited Xiao Sa, a lawyer based in Beijing, saying that the sweeping ban means that overseas bitcoin ETF dealers can not sell relevant financial products to Chinese residents, and that investors in the Chinese …