Over the weekend signs of positive sentiment have entered the cryptocurrency market with Bitcoin potentially having found its footing and many altcoins surging with confidence. However news out of China is aiming to rain on the parade β as the Peoples Bank of China looks to crack down further on Bitcoin while creating its own digital currency.Β Peoples Bank vs. Peoples Currency According to various reports the Peoples Bank of China (PBOC) plans on placing Read More The post Chinas State Cryptocurrency to Feature Negative Interest Rates appeared first on Bitcoinist.com. via ICGO https://www.icgo.co.uk/redirect/?url=http://bitcoinist.com/china-pboc-cryptocurrency-negative-interest-rates/