They can't handle it so they better shut their eyes on the new market such as crypto. I on't get what their logic is when there is nothing can stop crypto, even if they bann it the rest of the world are going to try to use crypto anyway or even just the few online community will still be using it. Banning is very backwards.
It is, banning crypto is just banning technology, while you can shutdown exchanges and try to regulate the trading of currencies you can't really ban the technology behind it. Even with all the resources China has they can't ban crypto's, that would mean the rest of the world has a technical advantage. More so the underlying technology will simply find a way. More and more crypto developers are starting to make sure their blockchain is completely anonymous. Projects like Verge, PIVX and DeepOnion all use anonymous networks like TOR and/or I2P.
Good News.