Bitcoin and cryptocurrency industry in general experienced a dramatic year full of ups and downs, although the budding technological and economic sector have been making waves ever since it first appeared. People’s opinions on cryptocurrencies are becoming more controversial, while industry insiders, even governments, are taking different stands towards them.

This morning at TechCrunch Beijing, five prominent figures in the sector shared with Rui Ma, venture partner at 500 Startup who also served as moderator of the panel, about their insights on Bitcoin and digital currency industry.

There are over 200 kinds of cryptocurrencies over the world, but most of the trading platforms are focused on a few categories. In the case of Chinese leading Bitcoin trading service OKcoin, Star Xu, CEO of the company, said the platform currently only support the trading of Bitcoin and Litecoin. Xu added that they are very cautious in including new cryptocurrencies into its platform in a bid to control the risk of investors. “But we are also open to new digital currencies if the technology is stable and well-received by users”, he added.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.