https://blokt.com/news/chinas-increasing-stake-in-cryptoJust came across this article about China's increasing stake in crypto. Kinda crazy to hear how even if the government is doing its best maintain control over blockchain, companies are still thriving. It seems like China is much more pro-blockchain and crypto than the rest of the world.
Any thoughts?
I think China had the ability to do this because they have more experience in cryptocurrency field and they can also suitable for this to make it more powerful definitely some of the countries will need to accept the cryptocurrency for the development.
China have been in crypto before but they left crypto around early 2017 due to some circumstances and thoughts. It really give a huge effect and downfalls of crypto before the ATH happen. And now they finally back into crypto, I believe it could create huge impact into the market but not the way of controlling it.