There is not too much effect to the exchange.
We still can buy or sell bitcoin in Exchange as OKCOIN, HUOBI, in China.
Deposit fiat money is not convenient as before, but still very simple.
Bitcoin is a legal asset, but not a legal money.
So the exchanges still have bank accounts then? The government hasn't blocked these?
The exchanges don't have bank accounts, but they have agents who help deposit money.
If you want to buy bitcoin, you should contact a agent of a exchange, you should transfer your money to the bank account of the agent, the agent then give a code which you can use it to deposit fiat.
The regular is not very clear, but it can stop the financial companies buy bitcoin.
For individual, it's totally free.