Previously, we reported that the digital currency of China is getting closer and closer to coming. According to earlier reports would be the digital to the yuan at the 11 november launch, but it proved to be too ambitious. According to Shanghais local newspaper (hint: Google Translate), there is now more information.
Contents
Mint is not meant for speculation
This past weekend, said Mu, Changchun, the People’s Bank of China, at an event on the future of digital currency. He leads the project to use the digital currency to launch ” The coin is not meant for speculation. The local currency is different from bitcoin, or a stable of tokens, which can be used for speculation or for the support of a basket of currencies to need it.”
According to Mu, Changchun is a digital currency, so it is not very exciting. The currency is simply a digital version of the yuan. Over the past few years, the Chinese central bank’s done a lot of research and hard work on the development of a digital policy. According to Mu, Changchun is the digital currency is now almost ready to be launched.
There are various pilot projects to
But so far, there are still a number of pilot projects. Sometime in 2020, there will be some of the Chinese banks and the parties, beginning with the adoption of the digital currency. Previously, we reported that Alibaba, Tencent, four of the Chinese banks, as well as the Union Pay first to gain access to the coin. In fact, this is not yet certain, because today’s news, there’s only one source to find them.
It is expected that the currency is more than in 2020, it will be launched. Mu, Changchun, has no specific date or timeline to be published.
In addition, it is the question of whether the Chinese stores, and Chinese citizens with the new currency, and will go on to use it. Electronic payments in China have expired, now, for example, a lot of other payment services. According to the latest figures, AliPay, for example, has more than 1.2 billion users. And WeChat Pay, with 900 million active users, is also not bad at all.
If you want to stay on top of digital yuan, but overheidscrypto programs. This can be done on our web page regarding CBDC programs.