“Speaking at an economic forum on Wednesday, Yi Gang, the deputy governor of the People’s Bank of China and director of the State Administration of Foreign Exchange, said that it would be impossible for China’s central bank to recognize the Bitcoin as a legitimate financial instrument in the near future. But, Mr. Yi added, people are free to participate in the Bitcoin market and he would personally adopt a long-term perspective on the currency. The statement comes during a week of remarkable turbulence on China’s numerous Bitcoin exchanges.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Amazon enters $600M deal to develop CIA cloud
Alberta woman willing to trade $1-million property for Bitcoins
Citigroup Victim Of $400 Million Mexican Fraud
Photo of snoozing police officer in America’s most dangerous city enrages public
Argentina: Dollar price at 10.45 Pesos over two times the 'official' price
Argentina Deploys Troops To Contain Looting
Skype confirms it is developing 3D video calls
Cherokee County teen shot by police sniper, parents speak out
Trump 'Strongly' Favors Imposing Online Sales Tax, Mnuchin Says
Chicago police detain Americans at abuse-laden 'black site'
Feinstein insists NSA’s massive snooping operations are ‘not surveillance’
Greek government loses track of, asks again for stolen Swiss account data
Kansas rallies behind teacher facing deportation after 30+ years
Security experts say new electronic voting machines can be hacked
C.I.A. Is Said to Pay AT&T for Call Data