Topic: First Hand -New Governor of People Bank's of China Attitude to Bitcoin (Read 172 times)
October 31, 2018, 02:49:19 PM
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April 01, 2018, 06:56:54 AM
Interesting information. Nice to know. It may be worth mentioning that as the united states cuts corporate tax rates, which could have a side effect of opening it up to broader investment in the business sector... Investments pouring into china could dry up as the USA becomes a more attractive option. It is possible that china's recent "crackdowns" on exchanges and crypto could be part of a widescale attempt to limit the degree to which investments in china's business and economy migrate out of the country.
It is nice to know that china's new head banker might have a sentimental attachment to crypto and subscribe to a bitcoin stance. But over the long term china's economic and financial policies may be more pragmatic and revolve more around necessity than adopting bitcoin and deregulating it in order to help it grow.
It is nice to know that china's new head banker might have a sentimental attachment to crypto and subscribe to a bitcoin stance. But over the long term china's economic and financial policies may be more pragmatic and revolve more around necessity than adopting bitcoin and deregulating it in order to help it grow.
Your analysis is surely insightful. There are several approaches taking by US and China governments. For example, the US launched several anti-dumping investigations against Chinese companies. Also, after I had the interviews with some influential Chinese Crypto related players, I do think the gov. in China is not really banning the ICO or crypto. But wants to attract the money from overseas similar to your conclusion.
The channel will provide the most updated news from China. Even quicker than coindesk. https://t.me/oneminute_crypto_news
Thanks for the nfo. I never known that there is a new PBoC government. Question, how do you know that he is friendly to crypto? As we have seen his predecessor is very hostile bitcoin? And I'm sure that he can't do anything unless the Chinese government really chance their hard stance against crypto. We have seen what they have done last September and I don't think that he can 'reverse' it so to speak. I really hope though that this new government could somewhat put a stop on the FUD onslaught coming from China which is putting pressure to the very volatile market as of now.
March 21, 2018, 05:52:50 PM
Interesting information. Nice to know. It may be worth mentioning that as the united states cuts corporate tax rates, which could have a side effect of opening it up to broader investment in the business sector... Investments pouring into china could dry up as the USA becomes a more attractive option. It is possible that china's recent "crackdowns" on exchanges and crypto could be part of a widescale attempt to limit the degree to which investments in china's business and economy migrate out of the country.
It is nice to know that china's new head banker might have a sentimental attachment to crypto and subscribe to a bitcoin stance. But over the long term china's economic and financial policies may be more pragmatic and revolve more around necessity than adopting bitcoin and deregulating it in order to help it grow.
It is nice to know that china's new head banker might have a sentimental attachment to crypto and subscribe to a bitcoin stance. But over the long term china's economic and financial policies may be more pragmatic and revolve more around necessity than adopting bitcoin and deregulating it in order to help it grow.
Your analysis is surely insightful. There are several approaches taking by US and China governments. For example, the US launched several anti-dumping investigations against Chinese companies. Also, after I had the interviews with some influential Chinese Crypto related players, I do think the gov. in China is not really banning the ICO or crypto. But wants to attract the money from overseas similar to your conclusion.
The channel will provide the most updated news from China. Even quicker than coindesk. https://t.me/oneminute_crypto_news
March 21, 2018, 05:43:24 PM
Interesting information. Nice to know. It may be worth mentioning that as the united states cuts corporate tax rates, which could have a side effect of opening it up to broader investment in the business sector... Investments pouring into china could dry up as the USA becomes a more attractive option. It is possible that china's recent "crackdowns" on exchanges and crypto could be part of a widescale attempt to limit the degree to which investments in china's business and economy migrate out of the country.
It is nice to know that china's new head banker might have a sentimental attachment to crypto and subscribe to a bitcoin stance. But over the long term china's economic and financial policies may be more pragmatic and revolve more around necessity than adopting bitcoin and deregulating it in order to help it grow.
It is nice to know that china's new head banker might have a sentimental attachment to crypto and subscribe to a bitcoin stance. But over the long term china's economic and financial policies may be more pragmatic and revolve more around necessity than adopting bitcoin and deregulating it in order to help it grow.
March 21, 2018, 09:31:16 AM
Very good news for the crypto world
March 21, 2018, 01:28:41 AM
It is reported that the new governor is kind of friendly to the bitcoin.
He stated that he is inspired by bitcoin in running the financial system in 2013.
He was a professor at US Indiana University in 1986.
But my personal understanding is the government will not open the free market for the bitcoin. One possible approach is to open a centralized exchange to list the only selective tokens as a way to encourage innovation.
You may find the most updated information from China and beyond by https://t.me/oneminute_crypto_news.
He stated that he is inspired by bitcoin in running the financial system in 2013.
He was a professor at US Indiana University in 1986.
But my personal understanding is the government will not open the free market for the bitcoin. One possible approach is to open a centralized exchange to list the only selective tokens as a way to encourage innovation.
You may find the most updated information from China and beyond by https://t.me/oneminute_crypto_news.
yes sir, the governor of another bank governor should be worthy of imitating the governor of a good and friendly chinese people bank
March 20, 2018, 10:39:14 PM
His chinese name is yigang.
March 20, 2018, 10:00:50 PM
It is reported that the new governor is kind of friendly to the bitcoin.
He stated that he is inspired by bitcoin in running the financial system in 2013.
He was a professor at US Indiana University in 1986.
But my personal understanding is the government will not open the free market for the bitcoin. One possible approach is to open a centralized exchange to list the only selective tokens as a way to encourage innovation.
You may find the most updated information from China and beyond by https://t.me/oneminute_crypto_news.
He stated that he is inspired by bitcoin in running the financial system in 2013.
He was a professor at US Indiana University in 1986.
But my personal understanding is the government will not open the free market for the bitcoin. One possible approach is to open a centralized exchange to list the only selective tokens as a way to encourage innovation.
You may find the most updated information from China and beyond by https://t.me/oneminute_crypto_news.
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