7 years ago

Is there any possibilities to lift ban on Cryptocurrency by Chinese authorities?

Blockchain technology is adopting by the bank. Very good news indeed. Initially, It is believed that Bank or government authority does not like the idea of digital currency and Blockchain technology in genreal. Even Chinese government is now interested in Blockchain technology.



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There is a rumor that China may lift ban on Cryptocurrency soon. This is just a rumor. I can not confirm the validity of this rumor. But We have got news regarding Chinese ranking on Blockchain Technology. Recently, Chinese Ministry of information published a ranking on blockchain Tech. They showed Ethereum is the best blockchain platform. Interestingly, Steem blockchain holds second position.


Source

If China abandon the technology, They should not show any interest on this topics. But Ministry of Industry and information technology has done a research and publish the ranking of public blockchain. Look at the position of NEO and Steem.

What is your opinion about this topics? Please leave your expert opinion in the comment section


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