China`s e-Yuan Cryptocurrency Release is Making Investors Go All-In

Kavinesh A LONDON, UK / October 16, 2020, With 70% of nations claiming to be in studying their own digital versions of money, China is by far the biggest one to embark on such a journey. China’s official state-run news agency, Xinhua, quoted President Xi Jinping as saying that blockchain serves “an important role in the next round of technological innovation and industrial transformation.” The release of the e-Yuan has attracted worldwide attention from investors hoping the cryptocurrency will reach heights to parallel those achieved by bitcoin. However, it is yet unclear to what extent China will include the cryptocurrency…