Some reports telling that china government's place is second in holding Bitcoin. But we're seeing that china is always publishing negative news about crypto currency / Bitcoin. They've published noticr about banning Bitcoin in a several times.
Ref:
https://www.kevinrooke.com/bitcoin.
What do you think about this? How are you taking this ban? I don't really mind at all since most people who're mainly affected on the regulation implemented by Chinese government are Chinese people though their first time China banning any crypto related activities. However, the market is reacts which causes it to be down and hopefully it will recover soon.