Bitcoin beware? After banning all cryptocurrencies China ‘close’ to releasing its own digital coin

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Bitcoin beware? After banning all cryptocurrencies China ‘close’ to releasing its own digital coin

Posted by The Analyst | August 13, 2019 | Business
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The People’s Bank of China (PBOC) is “close” to issuing its own digital currency, a senior official has said. The news follows a crackdown by authorities on cryptocurrency trading with some 100 exchanges closed since 2017.
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