but doomad is right for once
Strange. You can see this situation for what it really is and your contributions to the topic seem to be made with the aim of preventing the spread of misinformation. Yet, when it comes to certain other subjects (that we won't be getting into here), you display the complete opposite tendencies. It's as though when you don't feel any personal bitterness or resentment towards a particular focal point, you are more rational. Please take this observation on board and try to approach those other subjects with the same clarity of thought you are showing here.
No. The media have just reported the one time China announced plans to prevent finance companies from trading in it and offering services to customers using it, which have been in the pipeline since 2017. And then repeated the same story as if it was some new and shocking revelation every time they have a slow news week or whenever there was any progress in their implementation of what they set in motion in 2017. And people over-react every single time and make out as though it's a bigger story than it is. And now they have the added bonus where some provinces (not even the whole of China, just certain regions) restricting mining activity and making a bigger deal out of that than it really is. And the media is clearly very effective at manipulating you with this strategy, since you're living proof that it works.
If you stop buying the story, you might just manage to see fact from fiction.