China to Set Up Blockchain Research Centre in Beijing

China is planning to set up a blockchain research centre in Beijing, even as it continues to uphold its ban on cryptocurrencies, according to a report by the South China Morning Post.

The centre will be known as the National Blockchain Technology Innovation Centre. It will be tasked with exploring blockchain’s potential for the government, Chinese citizens and industries, and also working on developing related technologies.

Read the full report: SCMP

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Vishakha Saxena

Vishakha Saxena is the Multimedia and Social Media Editor at Asia Financial. She has been working as a digital journalist since 2013, and is an experienced writer and multimedia producer. As an eager stock market trader and investor, she is keenly interested in economy, emerging markets and the intersections of finance and society. You can tweet to her @saxenavishakha