Today's news: China central bank had set the limit of online payment to 10k RMB/month/user. The reason is also to protect the state-hold banks against Alipay and Tenpay.

The central bank is actually paving the way for bitcoin, bitcoin is not a currency in China, so the central bank has no authority to ban it. Chinese people are free to use it.

Currently the ratio of bitcoin payment is much less in China than in the United States, the number of wallet downloads can tell you the fact. Mobile wallet is very convenient actually, small amount of money can be confirmed within about ten seconds, and you will not have to pay tax because it’s not a currency.