Is China on the Verge of Releasing a Digital Fiat?

Cryptonews China’s central bank has revealed details of a plan to issue a blockchain-powered digital fiat – and appears to be assembling a host of resources and personnel to speed up the process. Per a report from Beijing Business Today (republished by Shina), the deputy director of the People’s Bank of China (PBoC)’s Payment and Settlement Department, Mu Chang Chun, has August 12, 2019 at 08:43AM By Crypto News