In China, Cryptocurrencies Stay Banned - Land The Regime Pours Millions Into Blockchain Tech...

PRC seems to however live on figuring out their comfort marker amongst the cryptocurrency world, spell making an endeavour to non instruct left behind technologically spell enforcing a cryptocurrency trading ban.

Blockchain technology itself has grabbed the attending of both the Chinese authorities as well as the somebody Chinese tech manufacture - they genuinely atomic number 82 the the world inwards blockchain related patents already - amongst over double America's full of 112, amongst a full of 284 over the concluding two years.

Now a novel fund of over $1.6 billion allocated to 'innovative blockchain startups' includes $400 1 G m of Chinese authorities funds, amongst the residual from Chinese company upper-case missive of the alphabet theater Tunlan Investments.

Still, no signs of letting upward on the cryptocurrency cleft down.  For now, PRC is big on blockchain, as well as bad on cryptocurrency.

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Author: Adam Lee
Asia News Desk