The Chinese authorities have invested about $6 billion in the development of the blockchain this year. Does this mean that China will become a leader in this area? Will the projects of Chinese companies increase in price or remain at the same level?
This is no secret to anyone that China in cryptocurrency is the most massive investor and leader in new products. Another thing is that their policy is a little directed not at free distribution, but everything is under control or prohibition, which in principle also has a positive effect.