China has been notoriously harsh on the development of cryptocurrency, imposing a ban on investing and trading into digital assets, including Bitcoin.
source https://www.google.com/url?rct=j&sa=t&url=https://daneel.io/news/blockchain-research-institute-chairman-says-chinese-renminbi-will-become-crypto-in-20-years-ethereum-world-news&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNGvQBh-mWkaLMkq_K9G0EUVMJj4Vg
