China's blockchain boosters slam crypto as Ponzi scheme
Executives at China's Blockchain-based Service Network – a state-backed initiative aimed at driving the commercial adoption of blockchain technology – labelled cryptocurrency"the biggest Ponzi scheme in human history" in state-sponsored media on Sunday.
Launched in 2020, BSN provides a Beijing-backed infrastructure for blockchain developers in the Middle Kingdom – sans cryptocurrency, as it is illegal in the country. The framework is intended to be interoperable globally, but has separate international and domestic versions to comply with rules in China.
Belgique Dernières Nouvelles, Belgique Actualités
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