choya ban! here we go again
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Their stance and wording seems to be getting ever so slightly liberal each year.
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>that no unit or individual may produce and sell tokens, coupons and digital tokens to replace CNY in circulation in the market. Uuum, this is bad, right?
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sounds like a challenge
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“To replace CNY” - what does that mean exactly? No CNY stablecoins allowed?
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Is this bullish or bearish news
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History already proved that. Look at the history before and around 2017. Bullish if you believe in history.
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BINGO!!!
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CNY is their currency the article states that they are sayin no one may make a stable coin of their national currency. Might look bearish at first- unless they don’t want other ppl doing it bc they are already working on it!
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