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Is China softening on Bitcoin? A turn of phrase stirs the crypto world

Published 05/05/2021, 12:28 PM
Updated 05/05/2021, 12:40 PM
Is China softening on Bitcoin? A turn of phrase stirs the crypto world

They were only two seemingly innocuous words: investment alternatives. But when applied to Bitcoin the seminal cryptocurrency by an official from the Peoples Bank of China in a recent panel discussion, they reverberated like a firecracker.

A remarkable step for BTC, Lennix Lai, director of financial markets at OKEx, calls the statement. Michael Peshkam, executive in residence at European business school INSEAD, describes the central bankers remarks as a significant shift in the countrys position on crypto.

Connecting the dots: BTC and DC/EP

A potential currency?

Who is Li?

Distrust of China

An asset class that should be regulated

Continue Reading on Coin Telegraph

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