Friday, 22 January 2016

More On China's Cryptocurrency Push and Financial Repression

Following up on yesterday's "You Call That Financial Repression? I'll Show You Financial Repression: Chinese Central Bank Explores Cryptocurrency".

First up, state mouthpiece Xinhua:

China to issue digital currency "as soon as possible"

China's central bank on Wednesday announced that it will try to issue digital currency "as soon as possible."

A team in the central bank is examining

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