TNPSC Thervupettagam

China’s Official Digital Currency

October 16 , 2019 1855 days 1465 0
  • China is set to introduce its own digital currency.
  • The anonymity of digital currencies like cryptocurrencies allows users to buy and sell without leaving a digital trail.
  • But China's e-cash system will be tightly regulated and run by the People's Bank of China, the central bank of China.

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