PBoC: Cryptocurrencies Will Not Replace or Disrupt Fiat Systems12.38

The People’s Bank of China (PBoC) has shown extreme confidence in the superiority of fiat systems over cryptocurrencies.

China’s central bank refused to acknowledge blockchain and its derivatives as catalysts for financial innovation.

Original source
https://www.newsbtc.com/2018/11/12/pboc-cryptocurrencies-will-not-replace-or-disrupt-fiat-systems/

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