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the first government-issued digital currency in a major economy, eyes are turning to china, which is accelerating development of blockchain, the underlying technology required for e-money. in the past months, all announcements by the people's bank of china, the central bank, about updates to its proposed
"the top-level design of china's central bank digital currency, as well as the standards and testing processes, have almost been completed," mu changchun, director-general of the central bank's institute of digital currency, said in december. the next step is to choose pilot areas for testing, including...
http://www.ecns.cn/news/2020-01-08/detail-ifzsiwze9787375.shtml