When China banned all cryptocurrency transactions in late September, it continued to move full steam ahead on its digital yuan and Blockchain-Based Service Network, known as BSN. Is this another example of China's fondness for implementing contradictory policies, or is Beijing attempting to pull off a technical impossibility? Perhaps a bit of both. While blockchain technology underlies all cryptocurrencies, it has many uses in other fields that China is keen to pursue, such as trade finance, data sharing and identity management. However, crypto generally leads when it comes to innovation and adoption, with other ... (full story)