Chinese IT Ministry Cryptocurrency Ratings Released: Ethereum 1st, Bitcoin 13th of 28

China’s Ministry of Industry and Information Technology has released its official cryptocurrency ratings. The “domestic experts” awarded Ethereum 1st and Bitcoin 13th out of 28 places May 17.

As online cryptocurrency news account cnLedger reports quoting local media outlet China Electronics News (CEN), the Chinese government’s top five cryptocurrencies begin with Ethereum, followed by Steem, Lisk, NEO and Komodo.

The first tranche of ratings involved 28 cryptocurrencies, with Beijing’s Ministry of Industry and Information Technology looking to expand the series to include public blockchain projects and more crypto assets.

The scheme only came to light earlier this month when the Ministry announced it at a Beijing conference…

Read Full: Chinese IT Ministry Cryptocurrency Ratings Released: Ethereum 1st, Bitcoin 13th of 28