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

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

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…

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US Denies China Companies Delisting. But The Writing is On The Wall

US Denies China Companies Delisting. But The Writing is On The Wall

U.S. stocks declined sharply on Friday after The Wall Street Journal reported that President Trump was considering de-listing Chinese companies from domestic exchanges. In response to the widely-referenced report, the Treasury Department said that it was not considering de-listing Chinese stocks at this time. This will likely provide more support to U.S. markets when they…

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