People’s Bank Of China: The Country Should Be The First To Issue A Digital Currency


Source: lastcryptocurrency.com lastcryptocurrency.com

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China needs the advantage of the first issuer of digital currency and the first nation to come up with its digital asset, PBOC’s China Finance magazine article states. A New “Battlefield Of Competition” On The Rise According to an article published in China Finance, a magazine run by the People’s Bank of China (PBOC), cited by Reuters, the financial world will be taken ablaze by the issuance and circulation of digital currencies. The publication also reads that the right to issue and operate digital assets would be the “new battlefield” of competition between sovereign counties. China Finance states that the...