Source: Tech – South China Morning PostChina has banned a blockchain industry organisation that had the backing of some of the country’s top crypto tycoons and former regulators, in the latest example of Beijing’s ongoing crackdown on industries related to bitcoin and other digital tokens.Called out as an “illegal social organisation”, the China Blockchain Application Center (CBAC) was shuttered for operating without registration from the relevant civil affairs authorities, which “disrupted the orderly management of social…Read More