The Japanese can accommodate all exchanges. But China's actions is just the beginning of the struggle against crypto currencies. I think that soon this struggle will join US. Then the problems will intensify, but if not to lose faith in the future of crypto currency we can win.
The United States has legalised bitcoin, as have most western countries.
China is an autocracy, and those types of places are usually terrified of things like bitcoins. I predict that the dictatorships of the world will ban bitcoin and the free countries will use it, and the gap between the two will become larger.
Interesting take. You might be right. A week ago, I would have disagreed, but I was really taken by surprise with the exchange ban. The ICO ban could have been justified in a number of ways, but shutting down exchanges and perhaps blocking access to the network / banning mining? I hope these rumors don't come to fruition, but now it seems like all bets are off.
I'm really glad that LedgerX got CFTC approval. An ETF approval can't come soon enough now that a major geopolitical power may be declaring war on BTC.
