China’s Central Bank Supports Blockchain, but Here’s Why It Won’t Impact Crypto Prices

   2019-11-07 22:11

The People’s Bank of China (PBOC) and the Shanghai commerce commission have issued a joint statement signaling their support for blockchain use in commerce. China Goes All-In on Blockchain According to the agencies, decentralized technology can be used in trade finance to resolve asymmetries and validate transactions. In the published document, the two government institutions […]


This is a companion discussion topic for the original entry at https://www.ccn.com/china-central-bank-supports-blockchain/




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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin8,638.4 0.07 % 0.20 % 6.32 %
Ethereum183.47 0.02 % 0.65 % 1.79 %
XRP0.2662 0.24 % 0.08 % 8.76 %
Bitcoin Cash274.24 0.28 % 0.25 % 6.19 %
Tether1.0000 0.16 % 0.08 % 0.03 %
Litecoin59.59 0.24 % 1.21 % 3.00 %
EOS3.440 0.21 % 2.20 % 0.89 %
Binance Coin21.04 0.22 % 0.36 % 3.12 %
Bitcoin SV125.92 0.35 % 0.12 % 5.40 %
Stellar0.07315 0.01 % 0.13 % 1.77 %
Cardano0.04351 0.58 % 3.25 % 0.09 %
TRON0.01920 0.71 % 0.25 % 1.79 %
Monero64.36 0.55 % 0.17 % 1.87 %
ChainLink2.940 0.39 % 5.79 % 9.44 %
Cosmos4.040 0.44 % 5.18 % 4.37 %
OKB3.170 0.87 % 2.55 % 4.54 %
LEO Token0.9618 0.30 % 0.93 % 2.48 %
Huobi Token3.800 1.32 % 0.47 % 4.06 %
NEO12.34 0.67 % 1.28 % 10.84 %
Tezos1.200 0.30 % 6.49 % 0.71 %