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China Working On National Blockchain Standard Amid Crackdown On Crypto  

The China Electronics Standardization Institute is set to issue new blockchain guidance next year. So reports CoinDesk.

china 156219 640smallThe standardization body has already prepared a draft national standard and is working toward approving it now. The International Telecommunications Union recently passed a set of standards with respect to financial applications of blockchain that were developed in partnership between Huawei, the People’s Bank of China and the China Academy of Information and Communications Technology.

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