What are the Reasons for Changing Scenario with Bitcoin in China?

Is bitcoin and cryptocurrency exchange available in China? Years back in China, the central regulatory authority blocked access to foreign and domestic cryptocurrency exchange and related websites. After this, China is again using cryptocurrency, but it is unlikely to mention that ban will eliminate the bitcoin exchange. It has the largest number of bitcoin farms, trying to make the most of mining ventures for the benefit of the people in China. However, the latest news on cryptocurrency in China BTC China has been the first bitcoin exchange in china that is closing down amidst the crackdown of high authorities for bitcoin mining. The company would take off its wings from China, but the branch in Hong Kong would continue to operate. The crackdown on cryptocurrency is a decisive note that impacted the existing infrastructure of the country. Therefore, as a result of this scenario of crypto currency in China, the currency is far from use while Beijing is making use of the decentralized n...