Why China Supports Blockchain - Samuelpaganoto.com

Last Updated on September 29, 2023 by Paganoto

Blockchain in China – Stimson Center

The government's support of blockchain firms and applications have boosted the use of the tech across the country, improving security, transaction speed for customers, and advancing China's competitiveness within the global market.Aug 16, 2021

China's blockchain and cryptocurrency ambitions

China was initially cautious in the development and application of blockchain technology. Among the technology’s best-known attributes are the relative …

China blockchain explainer: What is BSN? – CNBC

In a speech in 2019, the Chinese leader said blockchain was an “important breakthrough in independent innovation of core technologies.

What's behind China's cryptocurrency ban?

In late September 2021, the People’s Bank of China (PBOC) banned all cryptocurrency transactions. The PBOC cited the role of …

China's Digital Currency and Blockchain Network – DigiChina

Although the BSN signals the high strategic value China’s government places on developing blockchain technologies, e-CNY is not one of them.

Can China Conquer Crypto? | Foreign Affairs

Beijing could use the digital yuan to increase its power over China’s population. The e-CNY will not just empower the CCP at home. The currency …

How China Seized the Initiative on Blockchain and Digital …

China’s Blockchain Internet. The BSN is an effort to create a “global infrastructure network” of blockchains—essentially a blockchain internet …

China's digital yuan shows why we still need cryptocurrencies …

The digital yuan has already been piloted in various Chinese cities and was used in more than $8 billion worth of transactions in the second …

China plans to accelerate blockchain development and …

While China has supported the development of blockchain within certain domains for some time, the industry has seen little progress beyond a …

Crypto is fully banned in China and 8 other countries – Fortune

China made big headlines when it banned crypto last year, but it is only one of dozens of countries and jurisdictions that have either …

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Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.