Post
Topic
Board Economics
Re: China launching its own crypto currency ?
by
uray
on 14/10/2019, 15:39:50 UTC
China is all set to launch its own crypto currency for more than 1 billion of its population how will it effect the crypto market ?
From what i understand is that China is releasing the digital version of Yuan to trade globally and it has a strategic move when you consider the financial war between the US, they want to trade Yuan globally without any restrictions and it will create another competition for the US dollar and we might even see the US coming with their version of the coin shortly.