this whole exchange ban is no less more than a hoax. It's just Market manipulation to bring the price down. Chinese people are still allowed to buy Bitcoin and use exchanges from International exchanges. It's just a way to create FUD, which the big Chinese whales can profit off. The price will recover, Chinese people will use international exchanges. Everything will be fine in the end
RE: CryptoCrash - Jeff Berwick on China, Jamie Dimon and where Cryptocurrencies Are Headed From Here