Now due to this counter business has emerged as a popular option. This is China's move, which aims at limiting the financial risks surrounding the cryptocurrency market and this year was partly inspired by their incredible development. This ECB council member's remark has mentioned China's ban on the initial coin offering. It is also compelling exchanges to shut down cryptocurrency trade in the country. He said that the market is not so big and they can’t generate financial instability. Whose potential risks can represent bitcoin and other cryptocurrencies for a comprehensive financial system, the evolution of this cryptocurrency ecosystem appears to not affect that of nowotny.