Over 700 Blockchain Firms Founded This Month in China, Over 26,000 in Operation

Cointelegraph

Published Jan 27, 2020 06:00AM ET

Updated Jan 27, 2020 08:02AM ET

Over 700 Blockchain Firms Founded This Month in China, Over 26,000 in Operation

Chinese entrepreneurs registered 714 blockchain firms in China this month, resulting in a total of 26,089 such companies operating in the country.

According to cryptocurrency data firm LongHash on Jan. 26, the total number of blockchain firms registered in China is 79,556, while 57,257 Chinese blockchain firms also lost their legal status or had their licenses revoked.

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