As of now, Bitcoin China has closed all trading functions.
Bitcoin China is one of the three major bitcoin trading platforms in the country. The other two platforms are Firecoin and OKCoin. The two trading platforms will stop all digital assets against RMB trading business on October 31, and their funds and asset retreat work is also under way. However, this did not affect Bitcoin's market. After a set of twists and turns, Bitcoin returned to gains.
What is Bitcoin? Is there any future for bitcoin? Where will Bitcoin go in the future?
China's policy will indeed affect the price of bitcoin, but will not let bitcoin have no future. Moreover, China's cryptocurrency holders can trade through other platforms and may not necessarily use these banned platforms. Although they can not use legal currency for cryptocurrencies, those who themselves have cryptocurrencies will surely find it.