If you’ve been following some of the noteworthy news items in the cryptocurrency space, you’ll be aware that in May of this year, China banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading. China has banned crypto exchanges and initial coin offerings but has not barred individuals from holding cryptocurrencies…yet, but some suspect that may be on the horizon . June saw the Chinese government further up the pressure with The People’s Bank of China summoning payments firm Alipay and several major lenders to tell them they must not…