Chinese Central Bank Calls Bitcoin an ‘Investment Alternative’
China may be softening its tone on cryptoassets, almost four years after it exacted a crackdown on bitcoin (BTC), altcoins and crypto exchanges, with encouraging remarks from Li Bo, the new deputy governor of the central People’s Bank of China (PBoC). Li Bo was quoted by multiple media outlets, including CNBC and the South China Morning Post as making remarks about BTC,…
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