China sees crypto assets as investment vehicles, says PBoC deputy governor
China has been one of the countries with harsh rules towards cryptocurrencies. Yet, the deputy governor of the central bank has revealed that China considers cryptocurrency assets as acceptable investment vehicles.
Crypto assets are investment alternatives
Li Bo, a deputy governor of the People’s Bank of China, has pointed out that the apex bank considers cryptocurrencies to be valid alternative investment options. He made this statement while talking about the regulatory uncertainty in the country surrounding digital assets.Chinese journalist Colin Wu revealed this yesterday, stating that this is the first time China has formally recognized the value of cryptocurrencies. According to Wu, the PBoC executives said there are still regulatory risks for the central bank regarding cryptocurrencies, citing the bank’s previous ban on crypto exchanges and initial coin offerings.
Li added that the central bank would maintain the current measures and practices in place while exploring any potential change in regulation. “We believe that Bitcoin and stablecoins are encrypted assets. Encrypted assets are an investment option, not the currency itself. It is an alternative investment, not currency itself. Therefore, we believe that crypto assets should play a major role in the future, either as an investment tool or as an alternative investment,” Li said.
The PBoC deputy governor also talked about stablecoins issued by private companies, stating that they need stronger regulatory guidelines. Li stated that “In the future, if any stablecoin hopes to become a widely used payment tool, it must be subject to strict supervision, just like banks or quasi-bank financial institutions are subject to strict supervision.”
China has banned several cryptocurrency activities over the past few years. Crypto exchanges no longer operate in the country, while it has also come down hard on Initial Coin Offerings (ICOs) and a few other cryptocurrency activities.
China’s digital Yuan is for domestic use
The Asian country has also advanced in the development of its digital Yuan. The United States is investigating the possibility of China using the digital Yuan to replace the US dollar as the global reserve currency.However, a former governor of the PBoC, Zhou Xiaochuan, said that China is developing its CBDC for local use. According to Xiaochuan, China doesn’t intend to replace the dollar as the global reserve currency as doing so would affect their monetary policy independence.
Continue reading by joining Cryptonary Pro
$997/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
3X Value Guarantee
If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the 3X Value Guarantee work?
We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.
Recommended from Cryptonary
