Chinese Central Bank Makes it Official: Digital Fiat Tests to Begin

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Chinese Central Bank Makes it Official: Digital Fiat Tests to Begin

The Chinese central bank, the People’s Bank of China (PBoC), has officially confirmed a number of digital currency testing reports – and has indicated that testing will soon begin in the country’s capital, Beijing.
The PBoC has also rushed to insist that a digital yuan rollout will not spark inflation in the Middle Kingdom.
The PBoC’s move was the bank’s  Read more »
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