PBOC’s Fan: PBOC will launch crackdown on cryptocurrencies this year

Dhwani Mehta FXStreet

China’s central bank, the People’s Bank of China (PBOC) Vice-Governor Fan Yifei is on the wires now, via Reuters, making some comments on the crypto markets.

Will launch a crackdown on cryptocurrencies this year.

They would promote cryptocurrency research and development.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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