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Beijing’s cryptic blockchain gambit

Beijing’s cryptic blockchain gambit

China is going berserk for blockchain these days, and doing so with oh-so-very Chinese characteristics. The recent hype is certainly not without cause. After years of cautious support for the game-changing digital ledger technology behind Bitcoin and other cryptocurrencies, Beijing has been sending out some very green lights lately, and entrepreneurs, investors, and local governments have been scrambling to capitalise.