to me it sounds more like beeing affraid of bitcoin and april 15.
What happens on April the 15 ?
Chaina forbids chinese banks to payout transactions that involve crypto.... It has already started.... Havent you noticed BTC price drop?
Bitmain will have bit of an issue cashing out.... So basically china is pretty much screwed for making machines now ? Whos the bank to say which transaction is BTC ?
Bitmain has 19,923.1417104 BTC in his main wallet sure they will need to act soon ? Cash out in the EU or Outside China then import the money ?
Kinda money laundering but you cant just earn the hard money then be told no it cant be spent in china.
I have noticed the drop and been aware of the china market but geez