The Chinese government has long being reluctant towards cryptocurrencies and the related tech that the sector has to offer. Therefore it had done heavy crackdowns on it within the country as well
But now China is slowly changing it's attitude toward crypto and technology related to it which is evident with it's approach in the projects it is getting itself involved in.
The Chinese government has long being reluctant towards cryptocurrencies and the related tech that the sector has to offer. Therefore it had done heavy crackdowns on it within the country as well
🧵/2.
But now China is slowly changing it's attitude toward crypto and technology related to it which is evident with it's approach in the projects it is getting itself involved in.
🧵/3.
Check out this article for more information on the same and also drop your thoughts below,
Link - https://leofinance.io/@sayu907/path-to-embrace-crypto-chinas-emerging-blockchainpowered-data-exchange
End of🧵/4.
Not sure this signals a change of heart. They just want to control it. Government based blockchains (probably closed source) sort of defeat the point.
Yeah, perhaps that's the case