First thing's first, it ain't fud. The chinese government just did it to get rid of all the scammers and have enforced due regulations to their country. Because they are obsessed with their image more than how they are obsessed with money.

The waves of worries may have passed already because the prie of btc is recovering, but the thing is, china is unpredictable. So we really cannot say for sure what is over and what is not.