China Announces Plans to Establish Blockchain Tech Research Center
Sponsored
Sponsored
The crypto biosphere is new on the horizon as China becomes a blockchain technology pioneer. While the United States fixates on taming the “rogue aspects of the crypto industry” within its borders, China has announced its intentions to launch its National Blockchain innovation hub in Beijing. China Daily reported that the Chinese authorities established the center to experiment as well as develop technological blockchain innovations while maintaining an embargo on crypto currencies. The Science & Technology ministry of the country approved the center, saying the center will liaise with think tanks, local universities and blockchain enterprises to create a network
Yao Qian, a prominent ‘pro-blockchain official’ in China, is under investigation by Chinese authorities for undisclosed “violations of law.” The Background Of Blockchain Advocacy And The Current Crackdown Qian, known for his pivotal role in developing China’s Central Bank Digital Currency (CBDC), has been a leading voice in the country’s…
Yao Qian, a top personality in blockchain technology in China, is now under government investigation for possible legal offenses. Yao Qian has played a major role in the invention of the Chinese Central Bank Digital Currency. He was the first director of the central bank’s digital currency research institution. Blockchain…