China Well On Track To Develop A Digital Currency Of Its Own

China’s central bank is developing a digital currency of its own. In 2014, the People’s Bank of China assembled a research team, and the team has already conducted trials of its prototype crypto-currency. This pushes it closer to its goal of becoming one of the first major central banks to issue digital money which can be used for all kinds of purchases, including goods and services, according to exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

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