Former PBOC Member Slams China's Cryptocurrency Restriction

IndustryTrends

Huang Yiping has expressed concern about China missing out on financial development prospects as a result of the country's ban on cryptocurrencies.

In his opinion, prohibiting cryptocurrency-related activity was feasible in the short term.

By outlawing cryptocurrency, people risk missing out on enormous potential opportunities. He admits that cryptocurrency has resulted in new digital technologies.

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

Read More Stories