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Topic: China Government Cryptocurrency - page 4. (Read 505 times)

legendary
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January 15, 2020, 04:50:29 PM
#1
China is planning to launch their crypto currency, with attention to distribution and adoption, since they are involving all four major banks in the country, two major e-commerce websites Alibaba and Tencent and UnionPay as online payment provider for all four state banks involved in the project

crypto will be centralized and controlled by the state, but high level of acceptance shall be expected

plan is to launch it no later than 2020, november 11, according to latest news, will be interesting how this is going to influence crypto markets this year
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