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China is still set to launch Bitcoin and other cryptocurrencies

News Snapshot:

First the mining companies, then the banks and crypto trading platforms – now the anti-crypto appeals are going straight to the Chinese people. The fact that China is preparing the ground for its own digital central bank currency (CBDC) and therefore taking very consistent action against Bitcoin and crypto currencies is not a particularly steep thesis. Previous and current measures show in which direction the journey should go. Urgent appeals to the Chinese people Our colleagues from Cointelegraph came across an interesting “media briefing” in which the Chinese central bank (People’s Bank of China) emphasizes that China will continue to…

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