Blockchain Policy Development in China Concentrated in Three Cities

Blockchain Policy Development in China Concentrated in Three Cities

Beijing, Shanghai, and Guangzhou — or BeiShangGuang — has become the most concentrated area of relevant blockchain legislation and policy in China, reports local finance publication Securities Daily Dec. 7. The Chinese securities newspaper has analyzed blockchain-related policies introduced throughout the country in recent years and concluded that there are 32 blockchain-related policies within the country. Meanwhile, 11 projects are concentrated in three areas: Beijing, Shanghai and Guangzhou. The publications states: “Blockchain technology [is aimed] to serve the real economy, focusing on the balance between innovation, regulation and security, and clarifying the bottom line of financial stability and information security.” China has adopted a split policy toward blockchain...

Entering the Chinese Market as a Blockchain Startup

Entering the Chinese Market as a Blockchain Startup

This is a guest article submitted by Coleman Maher, Head of Partnerships at Origin Protocol.  Globalization is a powerful and seemingly irreversible force that has greatly improved the overall standard of living around the world. Technology is one of the primary drivers of globalization, and blockchain technology is one of the most talked about new technologies of the last decade. Blockchain promises to make networks of businesses and individuals more interconnected and efficient. Cryptocurrencies, the digital currencies often associated with blockchains, are instantly global and can cross borders easily, unlike traditional currencies. However, borders still have tremendous power and doing business...

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