Bobby Lee, co-founder of BTC China, speaking at the Inside Bitcoins conference in Hong Kong
Reports of bitcoin's demise in China are premature, a conference on cryptocurrencies in Hong Kong heard on Tuesday.
“China has not banned bitcoin,” BTC China’s Bobby Lee said, drawing a spontaneous round of applause from delegates at the conference.
That was the good news. “The bad news is that the PBoC has suppressed it,” Lee said, once the applause had died down.