Digital Currency

The deputy director of the People’s Bank of China's (PBOC) payments department has confirmed that China will be launching its own national cryptocurrency soon. (Image: Mikel Davis / Vision Times)

China Is Close to Launching Its Cryptocurrency

It has long been speculated that Beijing was planning to launch a government-backed cryptocurrency. Now, sources have confirmed that it is true. Mu Changchun, deputy director of the People’s Bank of China’s (PBOC) payments department, recently remarked that the state’s…

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China Is Close to Launching Its Cryptocurrency

It has long been speculated that Beijing was planning to launch a government-backed cryptocurrency. Now, sources have confirmed that it is true. Mu Changchun, deputy director of the People’s Bank…