Crypto Reaction: People’s Bank of China Reportedly Set to Jumpstart National Digital Currency

Crypto Reaction: People’s Bank of China Reportedly Set to Jumpstart National Digital Currency

The People’s Bank of China (PBoC) announced that it has approval from the state administrative authority to start working on a national digital currency in order to combat the uncertainty of Libra. According to bank representatives, Facebook’s Libra could introduce problems for the local market as it’s planning to provide global payment opportunities. Since Facebook […]

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