December 04, 2018 BY Mariela Naydenova

This Chinese government-backed company to launch a stablecoin

The Chinese company Grand Shores Technology Group is reportedly developing a stablecoin that will hit the Chinese market in February of 2019. The company is backed up by the Chinese government of Hangzhou, which is the capital of the Zhejiang Province. Grand Shores Group is a company engaged in blockchain and construction services. According to…

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