PanPan
Forumveteran
BOAO, China — China’s central bank is now calling bitcoin an “investment alternative” — marking a significant shift in Beijing’s tone after a crackdown on cryptocurrency issuance and trading nearly four years ago.
Industry insiders called the comments “progressive” and are watching closely for any regulatory changes made by the People’s Bank of China (PBOC).
www.cnbc.com
Industry insiders called the comments “progressive” and are watching closely for any regulatory changes made by the People’s Bank of China (PBOC).
After a bitcoin crackdown, China now calls it an 'investment alternative' in a significant shift in tone
China called bitcoin an "investment alternative" marking a significant shift in tone after regulators cracked down on cryptocurrency trading in 2017.