A sudden positive signal! The world's largest bank, Industrial and Commercial Bank of China, said: Bitcoin solves the problems of divisibility and "inconvenience of carrying" of gold. What does this mean?

A rare signal. Industrial and Commercial Bank of China compares Bitcoin to digital gold and Ethereum to digital oil, and also points out that it is human imagination that drives the development of digital currency and its applications. The super-large Chinese state-owned enterprises have expressed a clear optimistic attitude. Does this mean that China's attitude towards cryptocurrencies has changed?

I think that the recognition and praise of cryptocurrencies led by Bitcoin has already shown that the Chinese government's attitude has changed. After all, Hong Kong, as a special administrative region, has issued spot ETFs for Bitcoin and Ethereum. The "opening" of the mainland to cryptocurrencies may only be a matter of time. In the future, it is not certain whether Hong Kong's Bitcoin spot ETF will be able to come in through channels such as the Shanghai-Hong Kong Stock Connect, so that mainland investors can also buy it.

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