I heard they will just take controls and make their own government regulated crypto exchange or something like that. Just a rumor, but you know buy the rumor... And it actually makes sense and would be possible.
Anyway, chinese exchanges represent about 15% daily volumes of BTC worldwide and chinese people will find other ways, so that's nothing to worry about.
alexplq
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what about bad news for the whole crypto? last time BTC dropped 10x when china banned transactions
Anyway, chinese exchanges represent about 15% daily volumes of BTC worldwide and chinese people will find other ways, so that's nothing to worry about.