//Why I think the Chinese Government might be reconsidering their Crypto Ban and how IOST & QTUM are involved

Why I think the Chinese Government might be reconsidering their Crypto Ban and how IOST & QTUM are involved

What’s up, guys? Did any of you hear about the pro-crypto news coming out of China? This week, the country’s largest newspaper, the People’s Daily is hosting an event called the Chain, Future, Spring blockchain seminar.If you aren’t familiar with the People’s Daily; it is the official newspaper of the Chinese Communist Party and one of the largest publications in the region with a current circulation of 3 million readers. The paper is published in over 12-languages and provides direct insight into the Chinese Communist Party’s intentions and views.This is a huge deal for the entire cryptomarket as the People’s Daily is literately the voice of the Chinese government and the fact that they are hosting a crypto-event, signals a change in tide may be ahead. According to the newspaper’s website, this event will include in-depth discussions on blockchain technology and how to implement it into the current economic situation.The conference features an epic line-up of FinTech professionals, developers, and founders. This event is truly a “who’s-who” of the Chinese blockchain sector. Financial experts from multiple firms will be speaking throughout the seminar discussing different aspects of blockchain implementation. Some notable speakers are Yang Ning, the Founding Partner of LeBron Capital and the Chairman of Chenxin Technology, Feng Wenjie.Only two cryptocurrencies were invited to speak at this important conference that could potentially steer the entire cryptomarket over the coming months. The two cryptocurrencies that the Chinese government feels are most suitable for the tasks at hand – IOST and QTUM.It seems Chinese officials are ready to loosen the reigns on their ICO ban and I think they are planning to utilize IOST and QTUM as the only approved platforms at this moment. Chinese adoption would catapult both of these cryptocurrencies to new heights and an exclusive agreement with the Chinese government could mean both of these cryptos are about to see some movement.The market is responding well to the news and both currencies are showing strong signs of upside movement. IOST is up around 40% in the last 7 days, with QTUM showing similar upwards movement. Hodlers will have been very glad to see this in the sea of red most other coins have had.IOT projects are going to be really big in the future as IOT gains traction. You could see IOST gain some major value over the coming days as the news out of China continues to reverberate throughout the cryptomarket.The cryptomarket took a hit last August when Chinese officials decided to start enforcing anti-crypto legislations such as banning ICOs and closing all the locally operated exchanges in the country. Despite this obvious anti-crypto stance, the Chinese government has continued to fund blockchain-related projects that have been proven to increase the efficiency of their governmental process and China is still home to the largest BTC mining facilities in the world.If China is to re-enter the Cryptomarket it would definitely push the market capitalization through the roof. China was at one point the industry leader of the cryptomarket and you have to imagine that the government officials that sold the idea of anti-crypto legislation last year are now looking pretty dumb as their neighbours South Korea and Japan are experiencing market booms thanks to pro-crypto legislation.This latest seminar could signal a switch in the Chinese’s stance on cryptocurrencies. You have to admit it is interesting that they extended an invitation to IOST and QTUM developers only. It appears that there are going to be at least some crypto platforms that will be approved to host ICOs in the future.There have been some clues that this may be exactly what is occurring, as earlier today, the People’s Bank of China (PBoC) announced the launch of their Blockchain Registry Open Platform. This seems to be the first of many, blockchain platforms the PBoC has been secretly developing.It is awesome to see China start to change their stance towards the cryptomarket and it is really impressive that IOST and QTUM were able to get in, I think it’s a really big deal. To me, its a code that the Chinese government is okay with people running ICOs through IOST and QTUM.You can bet this seminar will have the attention of the entire cryptomarket as analysts have been saying for months now that China’s ban is only temporary. It looks as though a few coins may be getting the green light to operate in China. One thing is for sure, this is a huge opportunity for all the parties involved in the event, especially, IOST and QTUM; who could see some serious upside movement over the coming days.If the Chinese government are doing what I think they are doing, (allowing the launch of ICOs through QTUM and IOST) these projects will blow up. Chinese money reentering ICOs would be huge. I really am excited.What do you guys think? Are IOST and QTUM about to see some movement? Let me know, I want to hear it!

What's up, guys? Did any of you hear about the pro-crypto news coming out of China? This week, the country's largest newspaper, the People's Daily is hosting an event called the Chain, Future, Spring blockchain seminar.

If you aren't familiar with the People's Daily; it is the official newspaper of the Chinese Communist Party and one of the largest publications in the region with a current circulation of 3 million readers. The paper is published in over 12-languages and provides direct insight into the Chinese Communist Party's intentions and views.

This is a huge deal for the entire cryptomarket as the People’s Daily is literately the voice of the Chinese government and the fact that they are hosting a crypto-event, signals a change in tide may be ahead. According to the newspaper's website, this event will include in-depth discussions on blockchain technology and how to implement it into the current economic situation.

The conference features an epic line-up of FinTech professionals, developers, and founders. This event is truly a “who’s-who” of the Chinese blockchain sector. Financial experts from multiple firms will be speaking throughout the seminar discussing different aspects of blockchain implementation. Some notable speakers are Yang Ning, the Founding Partner of LeBron Capital and the Chairman of Chenxin Technology, Feng Wenjie.

Only two cryptocurrencies were invited to speak at this important conference that could potentially steer the entire cryptomarket over the coming months. The two cryptocurrencies that the Chinese government feels are most suitable for the tasks at hand – IOST and QTUM.

It seems Chinese officials are ready to loosen the reigns on their ICO ban and I think they are planning to utilize IOST and QTUM as the only approved platforms at this moment. Chinese adoption would catapult both of these cryptocurrencies to new heights and an exclusive agreement with the Chinese government could mean both of these cryptos are about to see some movement.

The market is responding well to the news and both currencies are showing strong signs of upside movement. IOST is up around 40% in the last 7 days, with QTUM showing similar upwards movement. Hodlers will have been very glad to see this in the sea of red most other coins have had.

IOT projects are going to be really big in the future as IOT gains traction. You could see IOST gain some major value over the coming days as the news out of China continues to reverberate throughout the cryptomarket.

The cryptomarket took a hit last August when Chinese officials decided to start enforcing anti-crypto legislations such as banning ICOs and closing all the locally operated exchanges in the country. Despite this obvious anti-crypto stance, the Chinese government has continued to fund blockchain-related projects that have been proven to increase the efficiency of their governmental process and China is still home to the largest BTC mining facilities in the world.

If China is to re-enter the Cryptomarket it would definitely push the market capitalization through the roof. China was at one point the industry leader of the cryptomarket and you have to imagine that the government officials that sold the idea of anti-crypto legislation last year are now looking pretty dumb as their neighbours South Korea and Japan are experiencing market booms thanks to pro-crypto legislation.

This latest seminar could signal a switch in the Chinese's stance on cryptocurrencies. You have to admit it is interesting that they extended an invitation to IOST and QTUM developers only. It appears that there are going to be at least some crypto platforms that will be approved to host ICOs in the future.

There have been some clues that this may be exactly what is occurring, as earlier today, the People's Bank of China (PBoC) announced the launch of their Blockchain Registry Open Platform. This seems to be the first of many, blockchain platforms the PBoC has been secretly developing.

It is awesome to see China start to change their stance towards the cryptomarket and it is really impressive that IOST and QTUM were able to get in, I think it's a really big deal. To me, its a code that the Chinese government is okay with people running ICOs through IOST and QTUM.

You can bet this seminar will have the attention of the entire cryptomarket as analysts have been saying for months now that China's ban is only temporary. It looks as though a few coins may be getting the green light to operate in China. One thing is for sure, this is a huge opportunity for all the parties involved in the event, especially, IOST and QTUM; who could see some serious upside movement over the coming days.

If the Chinese government are doing what I think they are doing, (allowing the launch of ICOs through QTUM and IOST) these projects will blow up. Chinese money reentering ICOs would be huge. I really am excited.

What do you guys think? Are IOST and QTUM about to see some movement? Let me know, I want to hear it!