The cryptocurrency markets are blood red again as rumors circulate that China plans to shutter Bitcoin exchanges. This news comes on the heels of Chinese regulators outright banning ICO’s last week. However, all current information suggests Chinese authorities have not taken action. It looks like China could be crying wolf, since little evidence currently exists for a government-lead exchange shutdown.
Full article here: https://news.bitcoin.com/how-many-times-can-china-cry-wolf/