Don Tapscott, Chairman of Blockchain Research Institute said in twenty years China's Central Bank will Digitize their fiat currency. Tapscott also said that chinese accepts the importance of the crypto technology. In previous news the ban on ICO and fiat to crypto exchange in china and mining of crypto currency makes people believe that china is against crypto currency.
According to the news from china.org.cn which is an official internet information site, china is the forward country in blockchain and based on the article it is at 263 rd place world wide in blockchain projects that wraps up 25% of the global total. China is the country adopting to the financial industries, health care, public services and much more.
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