As it turns out, all the excitement may turn out to be a bubble. Or is it not? The Global Times refutes the claim that a central-bank-backed Chinese digital currency is soon to be launched. That's contrary to the recent news we've been getting. Let's see what happens next!
I was wondering why all of a sudden Chinese will launch digital currency, as far as I know this China most often ban crypto were they've always opposed it. And they're going to adopt crypto space to their place. Well, China was one of the biggest average of bitcoin mining farm in the entire world so actually.