This is pretty much the whole story right here...
" NIFA official Li Lihui told a technology conference in Shanghai on Friday that a goal of Chinas monetary regulation is to ensure that the source and destination of every piece of money can be tracked. "
Bitcoin is the mortal enemy of '
tracking'. Therefore China is going to continue to assault Bitcoin from every angle. You can be sure of that.
I think the Chinese are very like encryption bitoin, in China there are many miners in the mining of the bitoin, the bitoin investors from China also has a lot of, hate the bitoin is one of China's government, they are tightly regulated bitoin, the bitoin trading in China is prohibited