China Calls Cryptos ‘Investment Alternatives’ First Time Since Crypto Crackdown
China calls cryptos ‘Investment Alternatives’. This happens after the launch of the crypto crackdown. PBoC also plans to develop Cross-Border solutions With Digital Yuan. Li Bo, the Vice Governor of the People’s Bank of China (PBoC) has announced that the country regards Bitcoin (BTC) and Stalecoins crypto-assets as investment alternatives.