Central Bank of China says digital yuan will be different from Bitcoin

Central Bank of China says digital yuan will be different from Bitcoin

The People’s Bank of China’s (PBoC) deputy director Mu Changchun said that the digital form of the yuan will be different to Bitcoin (BTC) and stablecoins, and will not be pegged for currency basket as the back-up. China’s central bank will launch a digital token to challenge the US dollar as it is planning to conduct the first real-world test of its digital currency before the end of 2019.

Tom A
Tom A
Indo
Indo 2 months

This could be real change of atmosphere for global finance. Taking a different approach to cryptos. We sure wish it well.

.....
..... 2 months

Of course

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