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/




Original Source


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin11,670 0.22 % 0.73 % 1.20 %
Ethereum389.56 0.10 % 0.10 % 0.42 %
XRP0.2895 0.26 % 2.44 % 0.63 %
Tether0.9997 0.10 % 0.07 % 0.07 %
Bitcoin Cash303.57 0.09 % 0.84 % 5.01 %
ChainLink13.38 0.65 % 24.67 % 59.91 %
Cardano0.1454 0.61 % 2.34 % 0.43 %
Bitcoin SV224.16 0.69 % 2.07 % 9.45 %
Litecoin57.38 0.32 % 1.23 % 6.99 %
Binance Coin22.47 0.51 % 0.29 % 4.04 %
Crypto.com Coin0.1671 0.08 % 0.38 % 4.05 %
EOS3.030 0.04 % 0.80 % 8.27 %
Tezos3.470 0.52 % 10.52 % 13.89 %
Stellar0.1056 0.25 % 1.73 % 1.90 %
Monero93.59 0.03 % 0.96 % 4.34 %
OKB5.860 0.05 % 1.00 % 6.08 %
VeChain0.02224 0.99 % 15.12 % 28.37 %
TRON0.02053 0.47 % 1.17 % 0.20 %
LEO Token1.290 0.14 % 0.01 % 1.39 %
Cosmos5.010 3.38 % 22.71 % 22.73 %