China to release its own cryptocurrency

Bradley Prior

MyBroadband Journalist
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Joined
Oct 16, 2018
Messages
1,809
China to release its own cryptocurrency

The People’s Bank of China is “close” to issuing its own cryptocurrency, according to a senior official.

The bank’s researchers have been working intensively since last year to develop systems, and the cryptocurrency is “close to being out,” Mu Changchun, deputy director of the PBOC’s payments department, said. [Bloomberg]
 

bchip

Senior Member
Joined
Mar 12, 2013
Messages
865
:laugh:

All the bitcoin guys: Reserve banks are dodgy I dont trust them
China+Facebook: Hold my beer....
 

cyb3rt

Senior Member
Joined
Aug 2, 2008
Messages
634
Sigh... I wish they would stop using that name, "cryptocurrency"

We can just as well call eBucks crypto then!
 
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