Blockchain companies in China are on a rise as per a report from ‘China Electronic Information Industry Development’ (CCID). Currently, more than 700 blockchain companies in China are powering a silent revolution. The report released on the 24th of October by Central Committee of the Political Bureau of the Communist Party of China mentions that out of 700 blockchain firms, 34 are banking institutions, and 83 are related to research. These are huge numbers by any standard and represent the growing interest of Chinese investors in the crypto industry. In the past few years, China has undertaken an aggressive yet
