Chinese dragon red flag blockchain

An official at China’s central bank recently revealed the central bank’s readiness to launch the country’s central bank digital currency (CBDC) according to a report by Shanghai Securities News on August 10, 2019. The CBDC would be issued by the central and commercial banks.  Centralized Digital Currency Could Launch Soon Following a five-year research by China’s

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Source and More information: China’s Central Bank “Ready” to Launch National Digital Currency 

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