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TechFlow news — Fan Yifei, Deputy Governor of the People's Bank of China, stated: "Typical examples of private digital currencies are cryptocurrencies like Bitcoin, as well as various so-called 'stablecoins' that have been launched. These currencies themselves have become speculative instruments, leading to such market conditions and posing potential risks to financial security and social stability."
Deputy Governor of the People's Bank of China Fan Yifei: The typical representatives of private digital currencies are cryptocurrencies such as Bitcoin, as well as various so-called "stablecoins" launched.
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