China Banning Cryptocurrencies is not FAKE NEWS [Official Government Press Release]

I am sick of reading these blogs claiming the tweets from CoinDesk as well as the largest Tech publication in CHina as fake news.
What do these blogs have in common? They are all less than a month old with low authority, so the only way they gain traffic is writing something click-worthy and sharing it on all social media platforms.

Here is the Official Chinese government source: http://www.pbc.gov.cn/english/130721/3377816/index.html

III. Management of Related Platforms Shall be Strengthened

From the date of release of this Notice, any so-called platform that provide trading and exchange services for coin offering shall not engage in exchange businesses between legal tender and token or “virtual currency”; or engage in proprietary trading activities or trading as an central counterparty of tokens or “virtual currencies”; or provide pricing services or act as information intermediary for tokens or “virtual currencies”.

As for the trading platforms with activities that have violated laws or regulations, the financial regulatory authorities will notify the administrative department in charge of telecommunications to adopt measures such as shutting down its website platform and mobile APP, notify the administrative departments in charge of cyberspace to remove its mobile APP from the APP store, and notify the business administration department to revoke its business license.

Just wanted to clear things up and do make sure to report the blogs claiming the news as false.