Absolutely, it trades there.

I was referring to regulators/cryptos in general throughout the world. The post by the Red Pulse ICO appears to only affect Chinese citizens.

Some countries are embracing blockchain/cryptos and finding value - regrettably, other more conservatively oriented nations seem to fear their loss of control over money systems, read taxation and privacy, and are doing all possible to stymie adoption of the technologies. Like Star Wars, The Empire Always Strikes Back. And, like Star Wars, the Empire - long term - is not as adaptable and nimble as segments of their populations.