China’s Central Bank Supports Blockchain, but Here’s Why It Won’t Impact Crypto Prices

2019-11-8 23:46

The People’s Bank of China (PBOC) and the Shanghai commerce commission have issued a joint statement signaling their support for blockchain use in commerce. China Goes All-In on Blockchain According to the agencies, decentralized technology can be used in trade finance to resolve asymmetries and validate transactions.

In the published document, the two government institutions […]

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