China digital currency pboc
China is developing its own digital currency - bloomberg.
The central bank will expedite the research of chinas legal digital tender and monitor the trends of virtual currency development at overseas and at home, the pboc said in a statement.
Chinas central bank is nearly ready to issue its own sovereign digital currency, according to a senior official.
China central bank close to releasing digital currency.
Positive progress has been made since the peoples bank of china (pboc) began to study digital currency in 2014, but there is no timetable for the launch of the central bank digital currency, said.
During remarks at the china finance 40 forum, peoples bank of china (pboc) payment and settlement division deputy director mu changchun claimed that the peoples bank digital currency can now be said to be ready.
Chinas digital currency is close to launch - the.
Pbocs deputy director of the payments department, mu changchun, spoke at an event this weekend at yichun, heilongjang.