Hello Everyone,
For those of you who are looking to see the big picture of the effects of the December 5 People's Bank of China statement, you can check out
www.squawkonomics.com for the post "Explaining the Regulatory Impact on Bitcoin in China". We have translated December 5th's People's Bank of China statement key points, and we continue to monitor developments coming out of the People's Bank of China and various other financial regulation bodies.
We hope this information can give you the big picture of what is happening inside China right now, and we will update you via our website if there is any further developments out of China as they come.
I knew this was just the beginning There is a video on YouTube called "What does China's Bitcoin ban mean?" that gave me some insight a few days ago.