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Author Topic: [2018-03-31] China Scraps Blockchain Funding Center  (Read 20 times)
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March 31, 2018, 11:46:20 AM
 #1

The Chinese government has just scrapped its blockchain funding center, insisting on regulations before going forward with anything blockchain.

The Chinese Communist Party (CCP) has called for domestic regulation as part of an effort to foster the development of the technology. The CCP's official media made clear that the government's stance is to integrate blockchain technology, while also warning of illicit activities that come with it.

To read more:
http://bitcoinnews.com/china-scraps-blockchain-funding-center/
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April 01, 2018, 11:13:57 AM
 #2

China determines very seriously about the development of blockade technologies: the creation of several institutes, dozens of centers, but at the same time, they almost ban whole cryptocurrencies.

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April 01, 2018, 01:12:54 PM
 #3

China determines very seriously about the development of blockade technologies: the creation of several institutes, dozens of centers, but at the same time, they almost ban whole cryptocurrencies.
We need to be patient with China. Yes, they cause price decline with all this hesitation and mixed signals. But sooner or later, Chinese investors will return and believe me, when they do, the price could go beyond ATH. But we need to wait that China adopts its laws and regulations. They are very cautious but this is not necessarily a bad thing.

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