Cryptos | 4/2/2021 11:42:35 AM GMT

The central bank says strong interest in its CBDC project is partly being driven by Bitcoin’s recent surge, despite cryptocurrency still being banned in China.

The cryptocurrency space may be helping to spawn its own competitors after a representative of the People’s Bank of China said Bitcoin’s (BTC) recent surge had caused renewed interest in the nation’s digital yuan project.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.