Chinese Central Bank Opts For Usual CBDC Rhetoric In Bashing Bitcoin, Stablecoins

Source: Adobe/Prostock-studioSimilarly to other central banks, China’s central bank has taken another swipe at bitcoin (BTC), stablecoins and “private digital currencies” – claiming that they have inherent potential “risks that threaten financial security.”At a recent press conference, Fan Yifei, the Deputy Governor of the central People’s Bank of China (PBoC) since 2015,