Global Fintech & Blockchain China Summit Halted by Police

The first part of the event was interrupted by the police, and all visitors and organizers were asked to leave the premises
12 April 2018   1134

The blockchain conference in Shanghai was interrupted by a police visit. This is reported by CoinDesk.

A one-day event called Global Fintech & Blockchain China Summit 2018 was organized by PTP International and was due on April 12th.

About noon local time, the first part of the event was interrupted by the police, and all visitors and organizers were asked to leave the premises. The second part of the conference was canceled also.

According to the information on the conference website, several program speeches were to be delivered, panel discussions and presentations of financial structures, government and crypto-currency projects were held.

Although the official reasons for the breakdown of the event are not called, there are rumors that investors who lost large sums on the ICO, representatives of which also attended it, complained to the police.

We are still investigating the reasons of the halt. And so far the explanation offered by the police is due to security risk. We are working on a solution regarding how to make up for event attendees. The conference is in compliance with the regulation in China and does not feature any ICO roadshow.
 

PTP International, Organizers

The organizer claims that this information is not true, and the conference was conducted in compliance with all Chinese laws.

Most Crypto-Optimists Live in Norway, Bitflyer Study

According to bitFlyer's poll on future of crypto, europeans believes cryptocurrency has future
24 April 2019   107

Most Europeans believe that in ten years digital currencies will continue to be in demand, but they do not have the same confidence about Bitcoin. This is reported by Cryptonews, citing a study of the bitFlyer.

10 thousand people from ten European countries took part in the online survey. Of these, 63% believe in a “bright future” cryptocurrency. However, not all Europeans are confident in the future of Bitcoin - only 55% believe that the first cryptocurrency will exist in ten years.

It is also noteworthy that, despite the fall in prices of most cryptocurrencies that lasted for almost a year, the majority of respondents positively assessed the prospects for the development of the market.

Most of the “crypto-optimists” turned out to live in Norway - 73% of the inhabitants of this Scandinavian country are convinced that a decade later, digital currencies will still be in society. This is followed by Italy (68%), the Netherlands and Poland close the top four (67% each).

The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time
The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time

But the exact form of cryptocurrency will exist, almost no one knows. Only 8% believe that they will become money, and 7% - a tool for investment or a means of preserving value.

The fact that Bitcoin is not generating as much support as other cryptocurrencies is in part a symptom of the market’s volatility, but is also a direct impact of the constant media attention that is associated to its volatility.
 

Andy Bryant

COO, bitFlyer Europe

He also added that the study demonstrated how much remains to be done to increase public awareness of the benefits and opportunities of cryptocurrencies.