Ledger Nano S

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Thursday, March 2, 2017

Former Governor of Bank of China: `If you want to kill Bitcoin, it will be an impossible task

Former Governor of Bank of China: `If you want to kill Bitcoin, it will be an impossible task

“Bitcoin was built on a platform without national boundaries,” the Former Governor of the Bank of China, L H Li, said on CCTV Tuesday in China. “If you want to kill Bitcoin, it will be an impossible task. So it will continue to exist. What is important now is that we should properly regulate it.” 

Rumors in China have led bitcoin exchange executives to expect “forthcoming official guidelines in the coming weeks” by PBoC (People’s Bank of China). “Such regulations could set a global precedent”, says Aurélien Menant, Founder, and CEO of Gatecoin, a regulated blockchain asset exchange based in Hong Kong. “China will probably beat Japan as the first nation to officially regulate cryptocurrency trading and exchange activities.”

Full story at http://bit.ly/2lLLu1a

 

 

 

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