According to the Securities Daily on October 7, the People’s Bank of China and other ten departments issued new regulations on September 24 to rectify the “virtual coin speculation”, and subsequently, many virtual coin trading platforms, mining companies and quotation websites have expressed their positive response to the regulatory policy in China.
According to incomplete statistics, as of October 7, more than 20 companies involved in virtual coins announced to stop providing related services to users in China and completely withdraw from the Chinese market. Source