Here's hoping xstar can strike an agreement with PBoC. CNY/LMC would make my life.
I would not expect any CNY pair for cryptocurrency within the next 3-6 months. That is the time needed to draw and adopt regulatory framework.
The Chinese authorities came down hard on cryptocurrency exchanges, now we don't have any CNY pair and most Chinese exchanges moved into more liberal jurisdictions.
Yes, that is why I am hoping!
It's been about 2-3 months now. We should be hearing from them soon