eToro By 2025, Blockchain May Create 10% Of Global GDP!

The central bank's qualitative judgment of ICOs came to fruition on Monday afternoon this week, pointing to unlawful fund-raising. Over 100 digital currencies plummeted dramatically, including Bitcoin, Ethereum, and Litecoin, with the six largest digital currencies falling by an average of 11.87 percent. The digital currency's market value plummeted 13.5 percent in a single day, resulting in a 20 billion dollar loss.

However, things quickly reversed. Yesterday morning, the State Council issued an official document "my country's Blockchain Industry Is Expected to Lead the World." This means that what we stopped was ICO, not blockchain technology. On the contrary, we have to vigorously develop blockchain technology.