Ministry of Finance has the final authority for money and financial matters. Have a look at USA China trade war where Donald Trump has put $150 billion tariffs on Chinese imports.
Looks like China is the next to ban Bitcoin
Looks like China is the next to ban Bitcoin
China has banned & unbanned bitcoin about 10 times
China never banned bitcoin! that's the interesting part
the news or maybe i should call it FUD, repeatedly said they have banned and i can date this back to 2013 even but in none of the reports they actually banned it. first one was prohibiting banks from investing in bitcoin, the rest was something in lines of exchanges should be regulated and then closed shady exchanges but never banned bitcoin!