Blockchains Must Have Centralized Foundation: Chinese Regulator

News – CCN

The post Blockchains Must Have Centralized Foundation: Chinese Regulator appeared first on CCN

An official from one of China’s top financial regulatory agencies said that he believes blockchains function more effectively when they are built on a centralized system. Zhang Ye, director of the China Securities Regulatory Commission’s (CSRC) information center, said on Sunday that the government should devote “great attention” to the development of blockchain technology. However, … Continued

The post Blockchains Must Have Centralized Foundation: Chinese Regulator appeared first on CCN

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