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Central bank of China to launch digital currency soon

Central bank of China to launch digital currency soon

As per reports, the People’s Bank of China is said to be preparing for issuing its own cryptocurrency in the coming days. According to sources, the first beneficiaries are Alibaba, Tencent, Union Pay, and others. The recipients will be expected to distribute the cryptocurrency to 1.3 billion citizens and others doing business in the renminbi.

Timothy
Timothy
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