Breaking- Binance Enables P2P Trading For Binance Coin [BNB] In China

October 29th, 2019

Per a recent tweet by Binance, a trader in China can now trade Binance coin via the Binance app. 

Will Binance Enable BNB Trading in India?

Breaking- Binance Enables P2P Trading For Binance Coin [BNB] In China
Source- Twitter

The announcement garnered interesting responses from crypto twitter. The comments further led to speculations if Binance’s next step will be enabling P2P trading in India.

Breaking- Binance Enables P2P Trading For Binance Coin [BNB] In China
Source- Twitter

The announcement further caught Mia Tam’s, a leading blockchain researcher’s attention, who in turn questioned that will Binance enable BNB P2P Trading for the whole world via the Binance app?

Breaking- Binance Enables P2P Trading For Binance Coin [BNB] In China
Source- Twitter

Changing Blockchain & Crypto  Scenario in China

Interestingly, the global crypto community is all praise for Xi Jinping. The reason for the same being his latest speech in which he spoke about the importance and rising value of blockchain technology.   He further mentioned that the rise of blockchain in China will, in turn, help China gain more power in setting standards and rules internationally.

In another major development, China’s National People Congress passed the “crypto law”. The law will be in effect on January 2020. The newly passed law aims at standardizing the application and management of passwords. Furthermore, it will help in promoting the development of the password business and ensure network and information security.