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Chinese Global Cryptocurrency May Be Just Around the Corner

Chinese Global Cryptocurrency May Be Just Around the Corner – TokenMantra

The Chinese government is pro-blockchain but anti-cryptocurrency. While driving cryptocurrency companies and miners outside the mainland, the Asian superpower is getting ready to launch a digital coin of its own. According to a CNBC report earlier this year, the People’s Bank of China (PBoC), was working on a Yuan-linked stablecoin that could revolutionize the Chinese financial system.