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  • China's money may not go digital just yet (via Pixabay).
    China's money may not go digital just yet (via Pixabay).
    Asia & Australia

    Newspaper says Chinese central bank cryptocurrency launch not imminent

    An English-language tabloid under the Chinese Communist Party’s official newspaper denies Forbes report of a Libra-killer

    August 29, 2019 /

    A publication run by China’s ruling Communist Party has denied reports that the nation’s central bank is on the verge of launching a cryptocurrency.

    Read More
    Leo Jakobson
  • China's renmimbi looks like this right now (via Pixabay).
    China's renmimbi looks like this right now (via Pixabay).
    Asia & Australia

    China ready to launch central bank cryptocurrency

    Facebook loses out to Chinese tech giants Alibaba and Tencent, which will join major banks in distributing the new digital asset

    August 27, 2019 /

    Forbes’ Michael del Castillo reported on August 27 that the national bank’s digital currency will be a permissioned blockchain controlled by the central bank, and is intended to replace the bills and coins used in daily transactions rather than the renminbi itself.

    Read More
    Leo Jakobson

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