China wont make a firm decision until the PROC annual meeting in october is over. Also I highly doubt they permanently ban them since they are not going to miss this boat. They are not dumb. They just wanna figure out a way to control them. Even with china out thats not going to stop cryptos and bitcoin.
China just said they ban ico and bitcoin .But they can not do for permanently because China already earn many bitcoin for bitcoin mining and trading.I think they only stop or ban some ico who didnot get proper permission from them.
China does not say they ban Bitcoin, only the ICO market and the cryptocurrency exchanges in this country have banned.
But recently, I heard some rumors tell those exchanges have transfered to HongKong and continue activity.
Is this new really correct that their exchanges have been moved to HongKong, I don't think so because the Chain government itself mentioned and exchange owners mentioned they are going to close the exchanges? I think they never mentioned that they are going to ban Bitcoin.