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China’s digital fiat currency is ‘nearly ready’ for launch: PBOC official

China’s digital fiat currency is ‘nearly ready’ for launch: PBOC official

TechNode | Nicole Jao | Aug 12, 2019 China’s planned digital fiat currency is nearly ready for release after five years of research and development, a senior official at the central bank said (in Chinese) at a forum on Saturday in Beijing without confirming a timeframe. Why it matters: The People‘s Bank of China (PBOC)