News Snapshot:
Comments Chinese central bank plans minimum, strict regulations for bitcoin, cryptocurrencies. China seems to be shifting ground on the use of bitcoin and cryptocurrency as the deputy governor of the People’s Bank of China, Li Bo, said the digital currency could be considered as investment and payment options. China had banned bitcoin and other cryptocurrency exchanges, limiting its citizens to peer-to-peer transactions like Nigeria’s central bank, but the Asian country is studying the digital asset – a decision that might lead to relaxation of the ban. Currently, cryptocurrency is not seen as a legal tender in the country even though...
