China is looking like a confused Women as They Don't know what to do. On one hand they banned cryptocurrencies and Crypto exchanges on The Other Hand they are briskly sharing their bed with Blockchain.
Considering Some Projects from China Like **Binance ** which is no. 1 exchange and cryptocurrencies
Like NEO, Tron and others . China is rapidly progressing in the area of Blockchain .
Recently Chinese President XI also Openly shared his love for Blockchain.
He Said in his speech at the 19th Academician Meeting of the Chinese Academy of Sciences and the 14th Academician Meeting of the Chinese Academy of Engineering
" The new generation of information technology represented by artificial intelligence, quantum information, mobile communication, internet of things, and blockchain accelerate the breakthrough in application and bred new life science fields " Translated
Recently Chinese Ministry of Information Technology also rated 28 Cryptocurrencies. while On the Other Hand ICO's are still banned with many other operations. But seems like it will not last long as More they are falling in love with blockchain more they have to relax rules for blockchain and cryptocurrencies and will have to lift bans.
Maybe it will take some more time but future of Cryptocurrencies is bright!
You can share your opinion in comments :)