Any Confirmed Source of this information?
No I do not believe that china will ban crypto currencies and trading crypto or buying and selling crypto through the situated exchange. Chinese market is one of the pioneer market of crypto.
They are blocking the foreign exchanges, till now we didn't hear anything about the news whether they are banning the cryptocurrencies. I think people are spreading the negative news about China, really they are looking in to further that it should damage their economic growth.
Don't you worry, I'm sure that they are looking at bitcoin mining farms and then the whole crypto itself. Just a matter of time that it will happened. I don't fucking care about the Chinese now, they are a bunch of pussies spreading lies and trying to bring the market to its knees because they really hate crypto's.
Yes, they are very selfish, they only care about themselves and not their people. I'm sure a lot of Chinese resentment their government's decision but they can't do anything about it because they are under control. Actually everything is under control.
So the next time to hear something about China and crypto, I urge everyone to just ignore it and don't be affected.