Every time some bureaucrat in Red Fascist China makes noises like this they get 
slapped down soon after. A bait and switch as old as " the 100 Flowers * 
campaign.  More recently its was ' We won't surveil the little guy doing crypto 
transactions under X amount "

Yeah right. 

TL/DR there will never be any top-down crypto-currency regulation short of an 
alien invasion.
This means huge regulatory arbitrage opportunities and more cryptoanarchy. 

Welcome to the anarchist revolution you commie dipshits.

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