I saw many posts regarding the recent China news or police raid fact. Nothing is real in that case? What's the thing Chinese Gov is going to do in next? Sometime, it seems to me that the Gov is with blockchain, sometimes, they aren't. Feeling confused.
Two weeks ago China country president said that they dont allow anyone call blcockhain a scam. Those that will keep saying that will get punished. People mixed blockchain with Bitcoin or cryptocurrencies so value of them went up 20%. Few days ago it was clearly explained that he had in mind blockchain and nothing else. So prices corrected to about what was before that news two weeks ago. For those that held coins and dont live in China nothing changed really. Those in China need to be careful to not spread FUD about blockchain or might get beheaded.