[2018-03-17] China Investment Org Plans Int’l Blockchain Center, Leaked Doc Says

[Sony.UK]

The government-linked Investment Association of China (IAC) is planning to create an “International Blockchain Investment Development Center,” aimed at introducing industry standards and Blockchain investment alliances and funds, local news outlet The Paper reported.

The IAC is a national social organization registered under the Ministry of Civil Affairs of the People’s Republic of China.

https://cointelegraph.com/news/china-govt-linked-investment-org-plans-intl-blockchain-center-leaked-doc-says

News on integrating Blockchain increases. Hope to have growth in crypto?

[laurenB7742]

Even China realized that they need to adapt on not to ban cryptocurrencies. How quickly things change. Not long ago they banned exchanges and now they are inviting foreign blockchain projects and organizing international summits. I think they want to become world superpower in the blockchain industry, other big countries are not very open yet so they will take the advantage of being first.