Tag: shanghai
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China the Next Home for Crypto: 89% of Chinese Blockchain Firms Plan to Issue Crypto
More than 89% of the blockchain firms in China have purportedly tried to create a cryptocurrency, with many promising to release their token soon. According to the Bluebook on Blockchain report, China allegedly constitutes about 28,000 blockchain enterprises. This report is co-authored by five different local financial and technology authorities. On Nov. 21, Yedong Zhu, the President of the Beijing Blockchain Technology Application Association (BBAA), highlights that of these enterprises, a majority place a focus on the issuance of tokens, but not exploring the blockchain. The Bluebook constitutes information from the Beijing Blockchain Technology Application Association and Social Sciences Academic […]
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