Bitcoin Forum
July 20, 2019, 10:41:25 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2018-03-09] PBOC’S Zhou: No Imminent Regulatory Measures On Digital Currency  (Read 21 times)
lylian
Newbie
*
Offline Offline

Activity: 63
Merit: 0


View Profile
March 09, 2018, 10:03:22 AM
 #1

BEIJING, March 9, 2018 – Zhou Xiaochuan, governor of China’s central bank, the People’s Bank of China (PBoC), talks about digital currency, bitcoin and regulations on digital currency during a press conference held for the National People’s Congress 2018. He said, there’s no imminent regulatory measures on digital currency. Future regulations are dynamic depending on the technology and regional trial.
Zhou’s main points are as follows:

Digital currency is technically inevitable

1. The issuance of digital currency is under research by the PBoC, it is not a realization of technology application, but aiming to improve convenience and cut costs in retail payment. While security and privacy should be paid attention to.

2. Digital currency is technically inevitable. Paper money and coins may be reduced even one day replaced by digital currency. While be wary of its influence on the financial system and investors.

Do not rush to roll out digital currency
...
http://news.8btc.com/pbocs-zhou-xiaochuan-no-imminent-regulatory-measures-on-digital-currency
1563619285
Hero Member
*
Offline Offline

Posts: 1563619285

View Profile Personal Message (Offline)

Ignore
1563619285
Reply with quote  #2

1563619285
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1563619285
Hero Member
*
Offline Offline

Posts: 1563619285

View Profile Personal Message (Offline)

Ignore
1563619285
Reply with quote  #2

1563619285
Report to moderator
1563619285
Hero Member
*
Offline Offline

Posts: 1563619285

View Profile Personal Message (Offline)

Ignore
1563619285
Reply with quote  #2

1563619285
Report to moderator
1563619285
Hero Member
*
Offline Offline

Posts: 1563619285

View Profile Personal Message (Offline)

Ignore
1563619285
Reply with quote  #2

1563619285
Report to moderator
Rustamm
Member
**
Offline Offline

Activity: 364
Merit: 16


View Profile
March 10, 2018, 09:25:10 AM
 #2

A bit strange. In the news flow, the words and the opinion of the head of the central People's Bank of China that he believes that bitcoin and other digital crypto-currency can not be considered a means of payment on the territory of the country are also higher, and here, with reference to his own words at this conference already stated that he recognizes that technical progress in the field of crypto currency can not be stopped and therefore he admits that a crypto currency in one day can squeeze ordinary money. This is a diametrically opposite opinion. Therefore, periodically, and there are news that are fake. Most likely, as always, everything is inaccurate translation of news.

“Bitcoin was created to serve a highly political intent, a free and uncensored network where all can participate with equal access.”

- Amir Taaki
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!