
So China working to launch its very own crypto. And will the crypto community really support it. Crypto analysts agree that, the Chinese desire to be in control of everything that happens in the nation - might dampen market sentiment for the Chinese crypto. We could arrive at a scenario where crypto exchanges listing the crypto from China, would be required to disclose details of all transactions to the Chinese administration. This is something that exchanges would be required to inform their clients about.
As of now, the Chinese crypto has not generated significant interest in crypto circles. More on this topic at
https://glitzkoin.com/infopedia/china-crypto-glitzkoin-01-0849