What do you think about this guys? Will it have a positive effect on the Chinese government regarding cryptocurrencies and blockchain technology? Or even have a big impact on other crypto communities?
Will that be a public chain or a private chain? Secretly a few of big companies use blockchain for their process management but everything is private. They do it for the tech and not for trading coins or making any profits as such. The government is not interested in such private blockchain stuff especially if they're coming from big corporate names. The Chinese government will continue to impose rules on cryptocurrencies in general.