China Lines Up Its KO Punch, Will It Work?
China has not found the most stable relationship with bittoine once, it was the center of the cryptocurcious universe, until it became very large for its shoe and the control started drawing attention of the government.
The ban came for first ICO and then for business, but in the People's Republic, it was generally slow only to stop the development of bitcouine and to completely stop the crypto-currents. The idea was to eliminate Vitcoin and his colleagues, SOURCE https://cointelegraph.com/news/china-lines-up-its-ko-punch-will-it-work