Thursday, 21 January 2016

You Call That Financial Repression? I'll Show You Financial Repression: Chinese Central Bank Explores Cryptocurrency

From Bloomberg: 

China Mulls Answer to Bitcoin With Digital Currency Study

China’s central bank said it is studying the prospects of issuing its
own digital currency and aiming to roll out a product as soon as
possible, contending that alternative payment systems can improve the
efficiency of global transactions.

The People’s Bank of China set
up a research team in 2014 to study digital

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