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China calls crypto an ‘investment’; Crypto demand bounces back in Asia

China gives the “alternative investment” label to crypto at this year's Boao Forum for Asia, and hints at reserving a seat for digital assets in the country’s digital economy.

Meanwhile, exchanges in Asia recover from crypto’s weekend price crash and see spikes in Bitcoin long orders.

We’ll have more on that story — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast, April 19.