China’s President Xi Urges Accelerated Blockchain Technology AdoptionsteemCreated with Sketch.

in dlike •  2 years ago 

Shared From Dlike

In China, Bitcoin and cryptocurrency are prohibited.  This digital currency is considered to damage the stability of the financial system if something happens.  This currency is also not guaranteed and is registered with the Chinese central bank.

The Central Bank of China plans to issue its own digital money.  PoBC confirms that it is just one step away from issuing digital money that will be operated by WeChat, China Union Pay, Ant Financial.

Shared On DLIKE

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!