China has previously banned cryptocurrency exchanges and initial coin offerings (ICOs), and has moved to crack down on crypto mining activities. Of course, many people don't like this, but I think people have no choice, they have to do it to survive. Why is China restricting people's access to cryptocurrency so much? Probably to limit their abilities and still control them... The market is manipulated by Chinese whales and the government. It means they don't ban the market. Who will ban if they can abuse the market and their ban hammer for profit? But the more China tries to ban bitcoin, the more bitcoin rises in price.