The 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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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.
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