While the government has always been very critical of cryptocurrencies, to the point of prohibiting the circulation in the country and the practice of widespread activities such as mining, China’s attitude towards the technology behind cryptocurrencies, i.e. blockchain, has always been very different. China becomes a blockchain hub Back in 2019, President Xi Jinping had made it quite clear what a great opportunity blockchain technology could offer to the country and therefore invited everyone to “seize the opportunities” offered by blockchain, giving his personal support to the technology. At that time, the president had hoped that the country could become...