This is what I like most from China. The Chinese government is serious about handling and developing its technology along with the blockchain. They are also committed to providing education that is truly trusted and informative to their citizens by monitoring the circulation of news about blockchain that is not true. Look at their seriousness. In the next few years, China will become the leading position in the emerging field of blockchain
I doubt, after what they have said that they wanted to adopt the blockchain technology that almost hype everyone and now they are doing something that really makes panic to all people, it's really hard to read what China really up to, is it their way for them to accumulate more Btc or their way for people to panic sell and once the price is low they will introduce their own crypto.