China’s crypto landscape: How CBDCs drove blockchain adoption in 2020

Cointelegraph

Published Dec 18, 2020 07:23PM ET

Updated Dec 19, 2020 09:20PM ET

2020 has been a year full of challenges for the world, but for a country like China with such a large population base and rapid development, it has also been a year of opportunities.

On Oct. 24, 2019, China officially upgraded its blockchain technology to be a national strategic priority. One year later, the development of China’s blockchain industry has been at the forefront of the world in many ways.

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