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China Blockchain
Blockchain News
China Blockchain
Blockchain News

China Bringing Bank-Grade Regulation to Blockchain But It Is Not Ready to Embrace Crypto

China has been well known for its wayward stance towards cryptos. While there were rumors that China will adopt crypto when China passed the cryptographic law, however, the reality is far from true. On the other hand, China’s blockchain initiatives suggest that it is bringing banking-grade security to blockchain and earnestly working on regulating blockchain.

China has been well known for its wayward stance towards cryptos. While there were rumors that China will adopt crypto when China passed the cryptographic law, however, the reality is far from true. On the other hand, China’s blockchain initiatives suggest that it is bringing banking-grade security to blockchain and earnestly working on regulating blockchain.

bitcoin price correction
Blockchain News
bitcoin price correction
Blockchain News

Breaking: Guangzhou Government Proposes $150 M Blockchain Industrial Fund

Per a recent tweet by Dovey Wan, founding partner at Primitive Crypto, Local Guangzhou government has announced a 1 B RMB (~$150M USD) government funding. The funding will be given to outstanding blockchain projects as a blockchain subsidy. The latter is a port city in China.  Guangzhao Seeks To Attract Social Capital Agglomeration With Blockchain

Per a recent tweet by Dovey Wan, founding partner at Primitive Crypto, Local Guangzhou government has announced a 1 B RMB (~$150M USD) government funding. The funding will be given to outstanding blockchain projects as a blockchain subsidy. The latter is a port city in China.  Guangzhao Seeks To Attract Social Capital Agglomeration With Blockchain