https://cdn.pixabay.com/photo/2012/04/10/23/08/imperial-china-26864_960_720.png

Image source: www.pixabay.com

<center> *Local Regulators from China orders all crypto exchange to close within September 30 this year.  Caixin Global posted a tweet in its official twitter page. Previously BTCC, Chinese biggest crypto exchange announce their closure within september 30.* </center> 

https://s26.postimg.org/4sgz5oqjd/CHINA_BAN_1.png

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## Today Another crypto exchange named viabtc announce its closure within 30 september. 

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https://s26.postimg.org/eyu62f0bd/viabtc.png

# Yunbi also announce its closure within 20th september

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https://s26.postimg.org/wjworivyx/yunbi.png

## Just a few minutes back, BTCC China announces their full closure. It seems that all exchanges got confirm message from regulators.

https://s26.postimg.org/8296hdis9/btcc-china.png

<center> The market reacted sharply. All cryptos down by significantly. I think investors are over-reacting. It is obvious that China will do something like this. More country will follow the steps of China. Regulators does not like crypto. They are crypto haters. </center>

https://s26.postimg.org/4o4s6grix/market_reaction.png

# Is it the end of fear of Chinese regulators? I think so. Market will be down by significantly. But After this period, Crypto market will come back strongly

## I am expecting comments from you about this topic.
# If you like my post you can follow me @steemero for more update. Upvote is highly appreciated.