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?
I think this could called cryptocurrency but centralized not decentralized like bitcoin. It still called fiat money because still controlled by central banks but i think its good start because government accepting this technology
no matter is it cryptocurrency or flat money.as long people bank of china disposed to adopt blockchain in their currency it be good news for us.this is the first stage for china to accept and legalize bitcoin then.hope there will next action from china government.