It’s official, blockchain technology has beat one of the biggest authorities on earth. The decentralized nature of what has become the backbone of the cryptocurrency craze has proven its mettle. Bitcoin, and a host of other highly speculative digital currencies live another day.
Last month, China banned mainland residents from trading in cryptocurrencies on exchanges and made it illegal for Chinese start-ups to raise funds via initial coin offerings, a hybrid of crowdfunding, venture capital and initial public offerings, to put it simply. Bitcoin prices fell. Ether prices fell. And then cryptocurrency start-ups shook it all off…
Read Full: China’s ‘Bitcoin Ban’ No Match For Stateless Cryptocurrency Market
