Cryptocurrency News: People’s Bank of China is close to issuing its own cryptocurrency

Various reports about on the PBOC to imminently release its own digital currency.

(What’s the bet it’ll be named Xicoin?)
  • Bank working since 2018 on development of systems, after many more years than that of research
  • Comments out from a senior official over the weekend confirming release is close.
Bitcoin over the weekend:
Various reports about on the PBOC to imminently release its own digital currency.

ForexLive