Cryptocurrency Q&A
What does China think of cryptocurrency?
What does China think of cryptocurrency?
SolitudeSeeker
Sun Oct 27 2024
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6 answers
1093
I'm wondering about China's stance on cryptocurrency. What are their views and positions regarding this digital asset? Is China supportive, neutral, or against the use and regulation of cryptocurrency in their country?
6 answers
Davide
Tue Oct 29 2024
Such a move would allow the government to maintain control over the monetary system while incorporating technological advancements.
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SamuraiHonor
Tue Oct 29 2024
China maintains a rigorous approach towards cryptocurrencies.
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Maria
Tue Oct 29 2024
The Chinese government is concerned that these digital assets could undermine the stability of its national currency.
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EmilyJohnson
Tue Oct 29 2024
This worry stems from the fact that the country is actively striving to bolster its economic growth.
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Chiara
Tue Oct 29 2024
As a result, the authorities have carefully considered the possibility of developing a central bank digital currency (CBDC).
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