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CoinOtag 2024-06-11 16:29:16

ICBC Endorses Bitcoin as Digital Gold and Ethereum as Web3 Fuel Despite Chinese Regulations

The Industrial and Commercial Bank of China (ICBC), the largest bank globally by asset holdings, has recently shown strong endorsement for both Bitcoin and Ethereum. Despite the Chinese government’s stringent regulations against cryptocurrencies, ICBC’s report outlines Bitcoin’s position as digital gold and Ethereum’s crucial role in the Web3 ecosystem. Matthew Sigel from VanEck has referred

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