26/01/17
The People's Bank of China has finished testing digital bills of exchange, reports Caixin.
Results have brought the national regulator closer to the emission of blockchain-based cryptocurrency.
Moreover, a research institute will be set up to study such a possibility.
But it isn’t known yet whether it will be a separate entity or a part of a governmental body.
Chinese authorities were speaking about the launch of national cryptocurrency already a year ago. This information has also been confirmed by the chairman of the People’s Bank, Zhou Xiaochuan.
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