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Bitcoin Ethereum News China has the most comprehensive blockchain strategy in the world. State owned enterprises, local governments, along with the participation of the large private corporations both domestic and foreign are driving the strategy forward. The strategy and its execution are comprehensive, as well as, well funded. When other governments are dipping their toes into Central Bank Digital Currency, the Chinese are in pilot trials on Digital Electronic Currency Payment (DCEP) system. The groundwork is being laid on two fronts, the Blockchain Service Network as well as blockchain standards work through China’s National Blockchain and Distributed Accounting Technology Standardization...
