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PBOC Is Planning to Roll Out Its Own Digital Currency Soon

24 days ago|95 views
Oct.24 -- Billionaires Jack Ma and Pony Ma, who have built online finance empires, are facing their strongest competitor yet. The PBOC is set to provide its own electronic version of the yuan soon, potentially the first major central bank in the world to issue a digital national currency. Bloomberg’s Lulu Chen reports on “Bloomberg Markets: China Open.”

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