30 Jan '17, 11am

Change in China (And What It Means For Bitcoin)

Change in China (And What It Means For Bitcoin)

Noelle Acheson is a 10-year veteran of company analysis, corporate finance and fund management, and is a member of CoinDesk's product team. The following article originally appeared in CoinDesk Weekly , a custom-curated newsletter delivered every Sunday, exclusively to our subscribers. The financial world saw history made last week when, for the first time ever, a Chinese head of state took the podium at the World Economic Forum's famed Davos conference in Switzerland. Issued on 17th January, Xi Jinping's speech has since been interpreted as a response to rising protectionism – and an attempt to consolidate China’s position on the world stage. But, it's worth examining in another light. It is also likely to be indicative of the path Chinese authorities will take regarding the country's bitcoin exchanges. A recap While we've been focusing on the central bank's scrutiny (and...

Full article: http://www.coindesk.com/change-china-means-bitcoin/

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