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  1. Bitcoin can be an asset but not currency - China c.bank adviser

    Bitcoin can be an asset but not currency - China c.bank adviser
    SHANGHAI (July 7) Virtual currencies like bitcoin are assets but bitcoin in itself does not have the fundamental attributes needed to be a currency that could meet modern economic development needs, a Chinese central bank adviser said. Sheng Songcheng, adviser to the People's Bank of China (PBOC), made the comments in an interview with financial magazine Yicai published late Thursday...

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