People’s Bank of China is close to issuing its own cryptocurrency

Various reports about on the PBOC to imminently release its own digital currency.

(What's the bet it'll be named Xicoin?)

  • Bank working since 2018 on development of systems, after many more years than that of research
  • Comments out from a senior official over the weekend confirming release is close.

Bitcoin over the weekend:

Various reports about on the PBOC to imminently release its own digital currency.

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