No. Probably being done by the Chinese government, who realized Bitcoin was being used by Chinese nationals to expatriate capital against their laws.
Some of the biggest BTC exchanges are in China, and the Chinese are still active traders.
According to Chinese officials, bitcoin has “no legal status or monetary equivalent” and financial institutions shouldn’t treat it as legal tender, however it can be traded as a commodity on the internet.and
Following the collapse of Bitcoin exchange Mt. Gox, Japanese regulators are laying down the law -- and considering treating the digital currency in the same manner as gold.Treating BTC as a commodity is the exact correct approach. If you have gold in a bank's security deposit box, don't hold your breath waiting for a refund if it's stolen.