WeChat and alipay in China is essentially controlled by the state bank!
The Chinese government banned the BTC deal, essentially to develop WeChat and alipay!
China's central bank is studying its own cryptocurrency! WeChat and alipay is just an alternative to the national bank's encrypted currency!
basically the Chinese government forbids everything related to critpo and you do not have to worry about it. has no major effect on the crypto industry in the world.