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Home / Tag Archives: People’s Bank of China

Tag Archives: People’s Bank of China

China Daily — PBOC inches closer to digital currency China Daily

The People's Bank of China, China's central bank, has completed trial runs on the algorithms needed for digital currency supply, taking it a step closer to addressing the technological challenges associated with digital currencies, according to a top official associated with the project. Yao Qian, director-general of the Institute of Digital Money at the PBOC, said China's central bank has successfully designed a prototype that can regulate the supply of its future digital fiat currency....

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