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Former Chinese Central Bank Exec Praises ‘Commercial Success’ of Bitcoin

by CBDC Insider Staff
June 7, 2020
in Asia, Business
Reading Time: 1min read
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Former Chinese Central Bank Exec Praises ‘Commercial Success’ of Bitcoin
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The former vice president of the People’s Bank of China, or PBoC, Wu Xiaoling, praised what she calls a “commercial success” for Bitcoin (BTC) on June 5. These kind words come despite a number of vital weaknesses left to address.
According to local Chinese outlet, Sina, Wu stated in the preface of the book — “Talking to Top Cadres about Digital Currencies” — that the cryptocurrency is the most successful commercial application of blockchain so far.

Continue read:https://cointelegraph.com/news/former-chinese-central-bank-exec-praises-commercial-success-of-bitcoin

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