China Ranks Cryptos: Bitcoin (BTC) Dismal 13 of 28

China Ranks Cryptos: Bitcoin (BTC) Dismal 13 of 28

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People’s Republic of China (PRC) 中华人民共和国 was one of the first governments to ban bitcoin, cryptocurrency. Now, the PRC is the first country to come out with official government crypto rankings. Its China Center for Information Industry Development (CCID) used three filters through which coins would be judged: innovation, technology, application. Rather surprisingly to some…