China’s Central Bank Wants to Speed Up Blockchain Adoption

[Joankii]

Officials from the People’s Bank of China push to accelerate adoption of the country’s Fintech Development Plan.



The People’s Bank of China, or PBoC, Financial Technology Committee held its first meeting of the year this week. During the meeting, the central bank’s deputy governor, Fan Yifei, urged that the country’s blockchain adoption strategy be accelerated.

According to a report released by Sina on May 13, the bank’s deputy governor met with both PBoC officials and the heads of their affiliated financial companies. During the talks, Fan highlighted the importance of the blockchain and fintech industries, openly seeking to ensure that the country’s adoption plan will be successfully implemented by its established 2021 deadline. Read More

[bigcash2011]

It seems quite obvious that China wants to lead the digital and crypto revolution and that is good but i hope they will not put behind the real decentralized coins like bitcoin.