Chinese Central Bank Confirms Anti-Crypto Sentiment: Blockchain, Not Bitcoin

Chinese Central Bank Confirms Anti-Crypto Sentiment: Blockchain, Not Bitcoin

The Shanghai branch of the People’s Bank of China has just commented on crypto yet again. According to the announcement, published on Friday, the branch of the Chinese central bank has observed a resurgence in cryptocurrency-related speculation through ICOs, IEOs, STOs, and other capital-raising/token distribution methods.