China digital currency’s launch would be ‘hard to ignore’

  • China started exploring the thought that of a sovereign digital forex in 2014 following the success of e-commerce platforms Alibaba, Tencent and Baidu
  • China has already distributed some 200 million yuan (US$31 million) in digital forex as segment of pilot projects across the country

Reuters

Up up to now: 10: 20am, 29 Jun, 2021

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