PBoC Warns ‘Bubbles’ on Blockchain Project

PBoC Warns ‘Bubbles’ on Blockchain Project

A warning has been issued by the People’s Bank of China, PBoC regarding the existing “bubbles” in all the investment schemes related to blockchain projects. The PBoC has highlighted the plan to strengthen the control over the financial market as an effort in protecting the public from any manipulations and violations related to the investment schemes on blockchain technology.

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