China expansion to secure the benefits of the Blockchain Technology opened a door to Crypto Companies to start engaging in Trading activities that is "clearly" violation of the Chinese Rules from 2017.

The resurgence of this behaviour took the Authorities in Beijing [Local Financial Supervision and Administration Bureau, The business management department of the people's of China Bank and others], to warn the risk concerning the trading activities In the Country and asked the companies to not get involved with those activities.

China is not allowing any kind of crypto business (only allowing Mining of Cryptocurrency) in the country and also made clear that isn't in favour of any ICO conducted in their territory.

Well,this is something that doesn't feel right to me! If the country is running to adopt the Blockchain but at the same time is banning crypto related business this is something dubious!

Blockchain is Blockchain and Bitcoin is Bitcoin...wrong,those two walk together and I believe the China Government knows that and is gaining time to study the Tech to embrace the crypto world.

Their are creating their own digital coin an CBDC that will substitute the paper money, "substitute not to run together" ...if they don't believe in crypto what they are using Blockchain to make their own digital coin?!

The Ban on Cryptocurrency related business in China could take time to get revoked but,stick with me, that will happen soon or later!