China, the banks and other regulations both have interest in bitcoin but probably wants to be the one in control of bitcoin just like fiat.
Bitcoin has been the mouth talk of everyone since the last months and has really gotten many attentions from huge governments and big banks who act like they see the cryptocurrency as an opposition to their finance management.
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https://zycrypto.com/banks-china-strong-interest-bitcoin/I don`t want to click your link and read your article.Anyway,the Chinese banks might have some interest in bitcoin,but the PBOC(People`s bank of China) wants to get rid of all the cryptocurrency exchange platforms located in China.The Chinese banks obey to the PBOC rules and they will never accept bitcoins ,if PBOC doesn`t allow this.
what makes you so sure those chinese aren't into bitcoin even when the PBOC prohibit it?
whenever there is money, people flock to it including the chinese. this is the immutable law of greed. like you and the rest of us, stay and trade on exchanges because we know the price of what we are holding are going to spike any moment.
The central bank, PBOC, does not want non-bank institutes - the exchanges to be the center of the bitcoin market in China...
what PBOC really wants is a bitcoin industry, like security/stock markets, actually controlled by banks, big banks, which PBOC could easily regulate, and which would make PBOC feel secure? less risk?
whatever, i bet what will happen is that there will be new exchange, but owned, or at least partially owned by big banks, instead of small internet startups...
i guess such thing will happen to US pretty soon... say hello to SEC and Fed...