[1]https://news.yahoo.com/china-deems-cryptocurrency-transactions-illegal-111216
972.html

China's central bank declared on Friday that all cryptocurrencies are illegal, b
anning crypto-related transactions and cryptocurrency mining, according to Reut.
..

   Jim Bell's comment:

   China's government finally realized that cryptocurrency will ultimately
   destroy them.

References

   1. https://news.yahoo.com/china-deems-cryptocurrency-transactions-illegal-111216972.html