The Industrial and Commercial Bank of China (ICBC), the largest bank in China , is praising BTC and ETH.
They explain BTC as the electronic version of gold, superior to gold itself. Bitcoin solves the issues of divisibility, transportability, and verification difficulty of gold.
They applaud the continuous improvement and upgrades of ETH, calling it the Digital Oil, and elaborate on its security, scalability, and sustainability.
The majority of ICBC's shares are owned by the Chinese government.
Source TylerD (X)
