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The Daily Hodl
2019-10-28 17:04:48

China Announces Imminent Release of Digital Currency Targeting SWIFT and the US Dollar

Huang Qifan, vice chairman of the China Center for International Economic Exchanges (CCIEE), says he doesn’t think the Facebook-led Libra stablecoin project will be successful. That would leave the door open to the country’s central bank to create a powerful government-backed digital currency on the world stage. Huang says the People’s Bank of China is […]The post China Announces Imminent Release of Digital Currency Targeting SWIFT and the US Dollar appeared first on The Daily Hodl.