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China’s Central Bank Gears Up to Launch Digital Currency for Payments, Targets 2019

The People’s Bank of China (PBOC) is planning to launch a state-backed cryptocurrency by the end of the year. According to a report by Shanghai Securities News, the upcoming cryptocurrency was announced today in a closed-door PBOC planning session, the third China Financial Forum of 40 People. Mu Changchun, the deputy director of the PBOC payment […]
The post China’s Central Bank Gears Up to Launch Digital Currency for Payments, Targets 2019 appeared first on The Daily Hodl .

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