If you're a cryptocurrency evangelist then you must be aware of the fact that last month China has announced that it'll ban all the ICO's conducted within China and major cryptocurrency exchanges have also ceased operations regarding Bitcoin trading in China. Now, there's no option available for Chinese people to buy Crypto via Renminbi (China Currency).
If someone have to purchase Bitcoin, then he can only buy it via International exchanges like Coinbase.
Now this decision taken by the government has been criticized many crypto evangelist and people of high influence. Some are even saying that taking this decision, China
may have triggered 'Cobra Effect'.