{"id":405174,"date":"2019-11-22T09:35:58","date_gmt":"2019-11-22T09:35:58","guid":{"rendered":"https:\/\/wncen.com\/?p=405174"},"modified":"2024-06-11T13:34:24","modified_gmt":"2024-06-11T13:34:24","slug":"china-confirms-blockchain-not-bitcoin-pboc-crypto","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/","title":{"rendered":"Chinese Central Bank Confirms Anti-Crypto Sentiment: Blockchain, Not Bitcoin"},"content":{"rendered":"<p>The Shanghai branch of the People&#8217;s Bank of China has just commented on crypto yet again. According to the announcement, <a href=\"http:\/\/shanghai.pbc.gov.cn\/fzhshanghai\/113571\/3926566\/index.html\" rel=\"nofollow\">published on Friday<\/a>, the branch of the Chinese central bank has observed a resurgence in cryptocurrency-related speculation through ICOs, IEOs, STOs, and other capital-raising\/token distribution methods.<\/p>\n<h6 style=\"text-align: center\">Related Reading:<a href=\"https:\/\/wncen.com\/2019\/11\/21\/bitcoin-readying-to-drop-85-to-1000-schiff-says\/\"> Bitcoin Readying to Drop 85% to $1,000, Schiff Says<\/a><\/h6>\n<p>The announcement continued that the sale of tokens for Bitcoin, Ethereum, and other virtual currencies remains &#8220;essentially unauthorized illegal public financing, suspected of illegal sale of tokens, illegal issuance of securities and illegal fund-raising.&#8221; The PBoC&#8217;s Shanghai branch then added that crimes enabled via cryptocurrencies have &#8220;seriously disrupted the economic and financial disorder.&#8221;<\/p>\n<p>As such, the Chinese central bank asserted that it will continue to &#8220;monitor the virtual currency business activities within the jurisdiction,&#8221; which will be &#8220;disposed of immediately&#8221; if discovered.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">BREAKING \ud83d\udea8\ud83d\udea8\ud83d\udea8 <\/p>\n<p>PBOC Shanghai Head office just made a new regulatory update as<\/p>\n<p>\u201cStrengthen regulation and control, clamp down cryptocurrency trading\u201d <a href=\"https:\/\/t.co\/zL0BgOJBUF\" rel=\"nofollow\">pic.twitter.com\/zL0BgOJBUF<\/a><\/p>\n<p>&mdash; Dovey &quot;Rug the fiat&quot; Wan (hiring) (@DoveyWan) <a href=\"https:\/\/twitter.com\/DoveyWan\/status\/77901825?ref_src=twsrc%5Etfw\" rel=\"nofollow\">November 22, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><strong>Blockchain, Not Bitcoin &amp; Crypto: Chinese Media<\/strong><\/h2>\n<p>This comes shortly after Xinhua, the leading state-run publication (and the purportedly most-read media outlet) of the People\u2019s Republic of China, <a href=\"https:\/\/wncen.com\/2019\/11\/11\/china-state-outlet-xinhua-exposes-bitcoin\/\">released an entire article on Bitcoin.<\/a> The article, whose title roughly translates to \u201cBitcoin: The First Successful Application of Blockchain Technology,\u201d was seen by many on Twitter as a ground-breaking development for the crypto space; Xinhua\u2019s readership likely ranges in the dozens of millions.<\/p>\n<h6 style=\"text-align: center\">Related Reading: <a href=\"https:\/\/wncen.com\/2019\/11\/21\/could-plustoken-scam-be-responsible-for-broken-crypto-market-structure\/\">Could PlusToken Scam Be Responsible for Broken Crypto Market Structure?<\/a><\/h6>\n<p>When translated, however, it became apparent that the piece wasn&#8217;t as it seemed from the surface.<\/p>\n<p>Head of Fidelity-affiliated Avon Ventures, a crypto-focused venture fund, Alex Thorn reminded to his followers that the article, while explaining the ins and outs of Bitcoin quite well, calls the cryptocurrency \u201chighly concentrated\/centralized\u201d phenomena, something that is bad for the climate, and is something \u201cmost importantly\u201d used for black market transactions.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Chinese state media (read: government) calls bitcoin:<\/p>\n<p>\u2022centralized<br \/>\u2022bad for climate<br \/>\u2022only used for black market txs<\/p>\n<p>In other news, black is white, up is down, and China is good for the environment, definitely not centralized, and 100% only does good. <a href=\"https:\/\/t.co\/ivzOKu35sO\" rel=\"nofollow\">https:\/\/t.co\/ivzOKu35sO<\/a><\/p>\n<p>&mdash; Alex Thorn (@intangiblecoins) <a href=\"https:\/\/twitter.com\/intangiblecoins\/status\/13927683?ref_src=twsrc%5Etfw\" rel=\"nofollow\">November 11, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Thorn did joke, however, that China \u201cisn\u2019t\u201d bad for the environment, centralized, and a 100% good actor \u2014 criticizing the hypocrisy of the nation bashing Bitcoin.<\/p>\n<p>It is important to note that this isn\u2019t the first time that a state-affiliated actor has tried to bash digital assets (that aren&#8217;t the government&#8217;s) <a href=\"https:\/\/wncen.com\/2019\/11\/18\/chinese-media-warns-of-companies-fraudulently-claiming-blockchain\/\">by way of an article. <\/a>The People\u2019s Daily, another state-run outlet (often called a state mouthpiece by Western media), reminded the Chinese that Xi\u2019s support for blockchain does not equate to support for crypto:<\/p>\n<blockquote><p>\u201cThe rise of blockchain technology was accompanied by that of cryptocurrencies, but innovation in blockchain technology does not mean we should speculate in virtual currencies.\u201d<\/p><\/blockquote>\n<p>This article also purportedly called cryptocurrencies a term that directly translates to \u201cair coins,\u201d Chinese slang for \u201cs**tcoins,\u201d according to some involved in China\u2019s crypto space on Twitter.<\/p>\n<pre>Featured Image from Shutterstock<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>The Shanghai branch of the People&#8217;s Bank of China has just commented on crypto yet again. According to the announcement, published on Friday, the branch of the Chinese central bank has observed a resurgence in cryptocurrency-related speculation through ICOs, IEOs, STOs, and other capital-raising\/token distribution methods. Related Reading: Bitcoin Readying to Drop 85% to $1,000, Schiff Says The announcement continued that the sale of tokens for Bitcoin, Ethereum, and other virtual currencies remains &#8220;essentially unauthorized illegal public financing, suspected of illegal sale of tokens, illegal issuance of securities and illegal fund-raising.&#8221; The PBoC&#8217;s Shanghai branch then added that crimes enabled via cryptocurrencies have &#8220;seriously disrupted the economic and financial disorder.&#8221; As such, the Chinese central bank asserted that it will continue to &#8220;monitor the virtual currency business activities within the jurisdiction,&#8221; which will be &#8220;disposed of immediately&#8221; if discovered. BREAKING \ud83d\udea8\ud83d\udea8\ud83d\udea8 PBOC Shanghai Head office just made a new regulatory update as \u201cStrengthen regulation and control, clamp down cryptocurrency trading\u201d pic.twitter.com\/zL0BgOJBUF &mdash; Dovey &quot;Rug the fiat&quot; Wan (hiring) (@DoveyWan) November 22, 2019 Blockchain, Not Bitcoin &amp; Crypto: Chinese Media This comes shortly after Xinhua, the leading state-run publication (and the purportedly most-read media outlet) of the People\u2019s Republic of China, released an entire article on Bitcoin. The article, whose title roughly translates to \u201cBitcoin: The First Successful Application of Blockchain Technology,\u201d was seen by many on Twitter as a ground-breaking development for the crypto space; Xinhua\u2019s readership likely ranges in the dozens of millions. Related Reading: Could PlusToken Scam Be Responsible for Broken Crypto Market Structure? When translated, however, it became apparent that the piece wasn&#8217;t as it seemed from the surface. Head of Fidelity-affiliated Avon Ventures, a crypto-focused venture fund, Alex Thorn reminded to his followers that the article, while explaining the ins and outs of Bitcoin quite well, calls the cryptocurrency \u201chighly concentrated\/centralized\u201d phenomena, something that is bad for the climate, and is something \u201cmost importantly\u201d used for black market transactions. Chinese state media (read: government) calls bitcoin: \u2022centralized\u2022bad for climate\u2022only used for black market txs In other news, black is white, up is down, and China is good for the environment, definitely not centralized, and 100% only does good. https:\/\/t.co\/ivzOKu35sO &mdash; Alex Thorn (@intangiblecoins) November 11, 2019 Thorn did joke, however, that China \u201cisn\u2019t\u201d bad for the environment, centralized, and a 100% good actor \u2014 criticizing the hypocrisy of the nation bashing Bitcoin. It is important to note that this isn\u2019t the first time that a state-affiliated actor has tried to bash digital assets (that aren&#8217;t the government&#8217;s) by way of an article. The People\u2019s Daily, another state-run outlet (often called a state mouthpiece by Western media), reminded the Chinese that Xi\u2019s support for blockchain does not equate to support for crypto: \u201cThe rise of blockchain technology was accompanied by that of cryptocurrencies, but innovation in blockchain technology does not mean we should speculate in virtual currencies.\u201d This article also purportedly called cryptocurrencies a term that directly translates to \u201cair coins,\u201d Chinese slang for \u201cs**tcoins,\u201d according to some involved in China\u2019s crypto space on Twitter. Featured Image from Shutterstock<\/p>\n","protected":false},"author":497,"featured_media":403873,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3],"tags":[428,1310,6664,8742],"class_list":["post-405174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","tag-bitcoin","tag-china","tag-crypto","tag-peoples-bank-of-china"],"acf":[],"yoast_head":"\n<title>Chinese Central Bank Confirms Anti-Crypto Sentiment: Blockchain, Not Bitcoin<\/title>\n<meta name=\"description\" content=\"The Shanghai branch of the People&#039;s Bank of China has just commented on crypto yet again. According to the announcement, published on Friday, the branch\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chinese Central Bank Confirms Anti-Crypto Sentiment: Blockchain, Not Bitcoin\" \/>\n<meta property=\"og:description\" content=\"The Shanghai branch of the People&#039;s Bank of China has just commented on crypto yet again. According to the announcement, published on Friday, the branch\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-22T09:35:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:34:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_527801692-e69.jpg?fit=3000%2C1688\" \/>\n\t<meta property=\"og:image:width\" content=\"3000\" \/>\n\t<meta property=\"og:image:height\" content=\"1688\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nick Chong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nick Chong\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/\"},\"author\":{\"name\":\"Nick Chong\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a\"},\"headline\":\"Chinese Central Bank Confirms Anti-Crypto Sentiment: Blockchain, Not Bitcoin\",\"datePublished\":\"2019-11-22T09:35:58+00:00\",\"dateModified\":\"2024-06-11T13:34:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/\"},\"wordCount\":458,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_527801692-e69.jpg?fit=3000%2C1688\",\"keywords\":[\"bitcoin\",\"china\",\"crypto\",\"People's Bank of China\"],\"articleSection\":[\"Bitcoin\",\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/\",\"url\":\"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/\",\"name\":\"Chinese Central Bank Confirms Anti-Crypto Sentiment: Blockchain, Not Bitcoin\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_527801692-e69.jpg?fit=3000%2C1688\",\"datePublished\":\"2019-11-22T09:35:58+00:00\",\"dateModified\":\"2024-06-11T13:34:24+00:00\",\"description\":\"The Shanghai branch of the People's Bank of China has just commented on crypto yet again. According to the announcement, published on Friday, the branch\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_527801692-e69.jpg?fit=3000%2C1688\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_527801692-e69.jpg?fit=3000%2C1688\",\"width\":3000,\"height\":1688},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Chinese Central Bank Confirms Anti-Crypto Sentiment: Blockchain, Not Bitcoin\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a\",\"name\":\"Nick Chong\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g\",\"caption\":\"Nick Chong\"},\"description\":\"I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.\",\"url\":\"https:\/\/wncen.com\/author\/nickchong\/\"}]}<\/script>\n","yoast_head_json":{"title":"Chinese Central Bank Confirms Anti-Crypto Sentiment: Blockchain, Not Bitcoin","description":"The Shanghai branch of the People's Bank of China has just commented on crypto yet again. According to the announcement, published on Friday, the branch","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/","og_locale":"en_US","og_type":"article","og_title":"Chinese Central Bank Confirms Anti-Crypto Sentiment: Blockchain, Not Bitcoin","og_description":"The Shanghai branch of the People's Bank of China has just commented on crypto yet again. According to the announcement, published on Friday, the branch","og_url":"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2019-11-22T09:35:58+00:00","article_modified_time":"2024-06-11T13:34:24+00:00","og_image":[{"width":3000,"height":1688,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_527801692-e69.jpg?fit=3000%2C1688","type":"image\/jpeg"}],"author":"Nick Chong","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Nick Chong","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/"},"author":{"name":"Nick Chong","@id":"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a"},"headline":"Chinese Central Bank Confirms Anti-Crypto Sentiment: Blockchain, Not Bitcoin","datePublished":"2019-11-22T09:35:58+00:00","dateModified":"2024-06-11T13:34:24+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/"},"wordCount":458,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_527801692-e69.jpg?fit=3000%2C1688","keywords":["bitcoin","china","crypto","People's Bank of China"],"articleSection":["Bitcoin","Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/","url":"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/","name":"Chinese Central Bank Confirms Anti-Crypto Sentiment: Blockchain, Not Bitcoin","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_527801692-e69.jpg?fit=3000%2C1688","datePublished":"2019-11-22T09:35:58+00:00","dateModified":"2024-06-11T13:34:24+00:00","description":"The Shanghai branch of the People's Bank of China has just commented on crypto yet again. According to the announcement, published on Friday, the branch","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_527801692-e69.jpg?fit=3000%2C1688","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_527801692-e69.jpg?fit=3000%2C1688","width":3000,"height":1688},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Chinese Central Bank Confirms Anti-Crypto Sentiment: Blockchain, Not Bitcoin"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a","name":"Nick Chong","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g","caption":"Nick Chong"},"description":"I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.","url":"https:\/\/wncen.com\/author\/nickchong\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Chinese Central Bank Confirms Anti-Crypto Sentiment: Blockchain, Not Bitcoin","url":"http:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/china-confirms-blockchain-not-bitcoin-pboc-crypto\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_527801692-e69.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_527801692-e69.jpg?fit=3000%2C1688"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Nick Chong"}],"creator":["Nick Chong"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","china","crypto","people's bank of china"],"dateCreated":"2019-11-22T09:35:58Z","datePublished":"2019-11-22T09:35:58Z","dateModified":"2024-06-11T13:34:24Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Chinese Central Bank Confirms Anti-Crypto Sentiment: Blockchain, Not Bitcoin\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/china-confirms-blockchain-not-bitcoin-pboc-crypto\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/china-confirms-blockchain-not-bitcoin-pboc-crypto\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/shutterstock_527801692-e69.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/shutterstock_527801692-e69.jpg?fit=3000%2C1688\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Nick Chong\"}],\"creator\":[\"Nick Chong\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"china\",\"crypto\",\"people's bank of china\"],\"dateCreated\":\"2019-11-22T09:35:58Z\",\"datePublished\":\"2019-11-22T09:35:58Z\",\"dateModified\":\"2024-06-11T13:34:24Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_527801692-e69.jpg?fit=3000%2C1688","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/405174"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/497"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=405174"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/405174\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/403873"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=405174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=405174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=405174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}