Far East dealers in crypto assets have been on the receiving end of severe regulation and yet the region appears undaunted - at least, that's if the Token 2049 Hong Kong conference is any indication.
Indeed, at day one of the event Tuesday, there wasn't much evidence of the so-called "crypto winter" being mooted in the west. In fact, China's "tokenomics" movement appears to be in good health, even with the outright ban on ICOs and trading on exchanges.
That's not to say that the market hasn't been affected, though.
https://www.coindesk.com/waking-dragon-asias-token-economy-is-charging-full-speed-ahead/