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  • Writer's pictureMichael Bacina

China's State Issued Cryptocurrency Arriving Earlier Than Expected

Updated: May 2

Reuters is reporting that China's state issued cryptocurrency might be ready as early as 11 November.


Will such an aggressive move by a central bank hurt or help Libra Association's negotiations with Western nations?


China’s proposed new digital currency would bear some similarities to Facebook’s Libra coin and is said to be able to be used across major payment platforms such as WeChat and Alipay.

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