Hi,

From my understand - On the 30th September, some chinese-based exchanges will stop CNY to Crypto trading and the rest will stop at the end of October.

Is there any reason of why Chinese Citizens will not be able to use Coinbase, BitStamp or any other site that allows chinese citizens to buy crypto with their CNY?

I would appreciate some input on this as I'm not fully aware of how Chinese banks work, whether they allow foreign payments....etc (e.g. in the UK I can pay for online goods in any currency, it simply converts it using the banks exchange rate - is this not the same in China?).