CHINA TOPIX

12/22/2024 10:31:00 pm

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Cryptocurrency

Bitcoin

Banks Are Not Yet Ready to Embrace Bitcoin Blockchain Technology

BTCC, one of the very first Bitcoin exchanges in China, recently doused the growing interest of banks to adopt the blockchain technology integrated with the digital currency system. While China is slowly easing up its regulations regarding digital cryptocurrencies, tech and financial experts agree that blockchain has no significant application in financial institutions.

Former SEC Chairman Advises Bitcoin Companies

The involvement of Levitt illustrates the Bitcoin market's interest in making the cryptocurrency attractive to the public.

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