Peoples bank of China is supposedly trailing a crypto form of Chinese Renminbi as a digital currency.
The nodes of which would be controlled by the The People's bank of China and major Chinese bank where transactions would be visible to the authorities but not to the general public.
https://www.coindesk.com/digital-renminbi-a-fiat-coin-to-make-m0-great-againCould we call it a cryptocurrency?
Lol, I was waiting for this already and I know that the Chinese government will surely come up with something to create their own platform instead of dwelling on platforms that were not built by them, the Chinese has been known for this for a very long time now, they love to caught other projects off that is not theirs and replace it with theirs immediately and taking off access to those websites so that their citizens will not have access to them unless they make use of vps.