Just journalists coming to work after the weekend and printing the same news that we heard a few days ago, the validity of which is still quite questionable. It's been quite interesting watching how dated or inaccurate the MSM reporting o bitcoin has been the last few months.
Yes, media is over exaggerating this news and I am also still not considering this news valid. Lets see what happens in the near future. I dont think so China is going to skip a big opportunity of leading the crypto market. I hope so China stop behaving immaturely and let the market flourish on peak.