China’s BSN chair calls BTC Ponzi, stablecoins ‘fine if regulated’

Stablecoins like USDT and USDC would be doing just fine if properly regulated, while Bitcoin is a “Ponzi scheme” in any case, China’s BSN chair told Cointelegraph.

Stablecoins like USDT and USDC would be doing just fine if properly regulated, while Bitcoin is a “Ponzi scheme” in any case, China’s BSN chair told Cointelegraph.

Cointelegraph covers fintech, blockchain and Bitcoin bringing you the latest news and analyses on the future of money.

June 27, 2022

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Credit: https://cointelegraph.com/news/china-s-bsn-chair-calls-bitcoin-ponzi-stablecoins-fine-if-regulated