Central Bank of China May Regulate Bitcoin as “Investment Alternative”


Source: otcpm24.com otcpm24.com

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0 Key Takeaways Li Bo, the deputy governor of the People’s Bank of China (PBOC), said Bitcoin was an “investment alternative.” This is the first time a high-ranking regulator in China has referred to Bitcoin in these terms. Speaking at an economic conference, deputy governor said private stablecoins needed stronger regulation than Bitcoin. Share this article China’s alpha bank has released a statement calling Bitcoin an “investment alternative.” The comments fly in the face of the country’s years-long opposition to the leading cryptocurrency. Central Bank Official Hints at Bitcoin Regulation Li Bo, deputy governor of the People’s Bank of China...