China is not banning bitcoin.
Wrong. China is banning Bitcoin. They are launching a full war on Bitcoin. Stopping the ICOs and closing the exchanges is in effect 'banning Bitcoin'.
They are now banning all 2P2 transactions and also, possibly, the mining operations (this is unofficial atm though) so that REALLY sounds like a very direct war on BTC.
And is prohibited to trade using foreign exchanges like polo and Bittrex. Everything points alt that BTC will be illegal in China.
can you bring any reference for this or are you just spreading FUD?
so far I am still seeing Chinese volumes on their own exchanges be high, they are also still trading on other exchanges such as poloniex and bittrex. on top of it they are also trading bitcoin off the market like in face to face. and using localbitcoins.
and besides the Chinese government clearly said that OTC trading of bitcoin and other cryptocurrecies are perfectly legal.