Wait a second.
Is this just the chinese version of the senate hearings, with almost the same (positiv) outcome but with none getting it because of google-translate-FU?
No it's not, but keep trying to fool yourself.
Please tell me, with complete 100% clarity (not just bullish hyperbole), why this is bad news for bitcoin.
I'm going to bet that you won't be able to do that.
You can try and spin this into good news, but it's really not.
China is saying that it is taking these actions to prevent bitcoin from undermining their currency controls.
If that's true, then this is the first step towards full on war since bitcoin necessarily undermines all currency controls.