RE: Yesterday’s late trades16 May 2021 15:45
“PBOC Says Bitcoin is Crypto Asset and an Alternative in Investment. The People's Bank in China (PBOC) now regarded the said cryptocurrency as a true asset. PBOC's deputy governor, Li Bo shared that they are "investment alternatives" during a panel interview with CNBC at the Boa Forum for Asia.” 19 Apr 2021
Asset rather than currency. There’s some folk who suggest a rebrand from cryptocurrency to crypto asset.