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
Bitcoin9,262.3 0.16 % 2.72 % 6.16 %
Ethereum175.38 0.11 % 2.36 % 3.60 %
XRP0.2365 0.04 % 0.43 % 0.15 %
Bitcoin Cash385.72 0.69 % 5.06 % 12.21 %
Bitcoin SV286.30 0.44 % 5.00 % 9.19 %
Tether0.9971 0.17 % 0.13 % 0.07 %
EOS4.030 0.13 % 0.98 % 10.52 %
Litecoin60.38 0.17 % 1.61 % 4.80 %
Binance Coin18.01 0.10 % 1.20 % 0.55 %
Cardano0.05505 0.54 % 9.61 % 20.61 %
Ethereum Classic12.35 1.48 % 16.20 % 38.46 %
TRON0.01871 0.28 % 0.75 % 8.67 %
Stellar0.06118 0.01 % 0.57 % 2.53 %
Monero67.95 0.21 % 3.13 % 3.13 %
Tezos1.560 0.61 % 1.98 % 2.06 %
Dash116.99 0.68 % 2.57 % 5.68 %
ChainLink2.700 0.06 % 2.60 % 1.32 %
OKB3.150 0.36 % 3.87 % 7.01 %
LEO Token0.8996 0.85 % 0.65 % 0.38 %
Cosmos4.410 1.37 % 3.17 % 5.04 %