First the ICOs are banned in US and now exchanges are being banned(read as regulations). I think Chinese will benefit the most from these kind of extreme regulations. Looks like Chinese are doing a better job at regulating cryptocurrencies/ICOs to the right extent, just make sure that they are not stifling the innovation but making sure that innocent people are not being robbed off their money.

Will chinese be the new Super power once the crypocurrencies go mainstream? May be.