China’s 11th Crypto Rankings: EOS First, TRON Second, Ethereum Third, Bitcoin Fifteenth

China has released its latest government-sponsored rankings of major cryptocurrencies.

China has released its latest government-sponsored rankings of major cryptocurrencies on March 22, placing Bitcoin (BTC) in 15th, while EOS keeps its top spot. Tron (TRX) came in second, after overtaking Ethereum (ETH) in February.

The crypto rankings by China’s Center for Information and Industry Development (CCID) were first announced in May last year. In this eleventh edition of the index, EOS has remained as the top-ranked blockchain, a place occupied by the platform since June 2018.

The eleventh CCID Global Public Chain Technology Evaluation Index puts Tron on the second spot, as did the tenth edition. The ninth edition had previously placed Ethereum in the second spot, while Tron wasn’t present at all on the list.

In the tenth edition, Bitcoin had moved from number 15 to number 13, now falling back down two spots to occupy 15th place again.

As Cointelegraph recently reported in a dedicated analysis, EOS is seemingly still a work in progress, as the blockchain has seen controversy over some aspects of its allegedly centralized governance system.

Two major crypto exchanges — Singapore-headquartered Huobi Global and Malta-based OKExproclaimed their support for the Tron-based version of stablecoin Tether this week. At the beginning of the current month, Tron and Tether had first announced their intention to introduce the USDT to the Tron network.

Recently, Cointelegraph reported that Ethereum is being used by a North Korean political dissident group, the Cheollima Civil Defense, to sell tokenized visas for entering the country once it is supposedly liberated.

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Author: Adrian Zmudzinski


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