A representative of the People's Bank of China said that citizens should be wary of crypto investments.
In an interview with a local news publication, the head of the Central Bank of China (PBoC) said that “the authorities will continue to put high pressure on cryptocurrencies.” According to him, citizens should stay away from digital assets because “they do not carry any value.”
Currently, PBoC is developing a system to monitor and combat crypto transactions.
Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies
According to cointelegraph.com
You May Also Like
Alibaba will ban the sale of Bitcoin miners
Starting October 8, sellers will no longer be able to list cryptocurrency-related products on Alibaba.
The Central Bank of Russia came out “categorically against” cryptocurrencies
The Central Bank of Russia has once again confirmed its negative attitude towards the idea of accepting cryptocurrency in the country.
