19 April 2021, 4:18 am EDT By
The central bank of China seems to have shifted its tone this time towards bitcoin after considering it to be an investment alternative. Besides, the Chinese government official said that the crypto assets will likely accelerate after clarifying that it is not a currency by itself.
Because of this sudden statement, it was now being watched closely for some changes which might happen. What pushed China bank to release a surprising bitcoin comment despite the crypto crackdown that happened in 2017.
PBOC Says Bitcoin is Crypto Asset and an Alternative in Investment
(Photo : Dan Kitwood/Getty Images)
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