Lee Hills: China takes the Lead in the Crypto Race of Nations
1/03/2021 – 08:36
“While the US is seemingly stuck in the process of defining tokens and unwinding ICOs it deems to have breached securities laws, China has been busy steadily introducing guidance and regulation, as well as supporting private, public sector partnerships.
The Deloitte’s 2018 Global Blockchain Survey concludes 49% of Chinese firms “deployed blockchain technology in production,” compared with just 14% in the US. However, 2019’s Survey suggests US respondents reporting a rise to 29%, while China’s dropping to only 16%.”