The only thing we have to do is to wait. Since the Chinese government can only control exchange sites within their own territory and the internet with exchange sites domiciled abroad, we then need to wait on them to roll out plans on how they want to ensure total compliance on this new rule.

The road map will then give out what punishments await those who flout those laws but they should know the costs of what they want to engage in because that would mean screening every fund that comes from abroad or money from other exchangers such as PayPal, Payoneer, truelancer, fiverr among other means money can come from abroad.

Chinese citizens will to come tell us the clamp down post September 30.