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China’s PBoC Against Cryptocurrency - Incrypts

China’s PBoC Against Cryptocurrency

China’s PBoC Against Cryptocurrency

The governor of People’s Bank of China Zhou Xiaochuan gave a statement that the central bank “dislikes” cryptocurrency that seems to be too speculative. According to Zhou, in the local news, “Lots of cryptocurrencies have seen explosive growth which can bring significant negative impact on consumers and retail investors.”

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