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Tag Archives: Mixed

Mixed Signals: China’s PBoC Doesn’t Recognize Digital Currencies Like Bitcoin, But Are They Looking to Create Their Own?

Speaking at a press conference on the sidelines of the annual session of the National People’s Congress, Zhou Xiaochuan, the governor of the People’s Bank of China (PBoC), made it clear that the country does not recognize Bitcoin and other digital currencies like it does traditional banking tools such as paper money, coins, and credit cards: “The banking system does ...

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