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84 PBOC Digital Currency Patents Show the Extent of China’s Digital Yuan

by CBDC Insider Staff
February 27, 2020
in Asia, Business
Reading Time: 1min read
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84 PBOC Digital Currency Patents Show the Extent of China’s Digital Yuan
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The People’s Bank of China (PBOC) has reportedly filed 84 patents relating to its plans to launch a digital currency. The patents reveal the central bank’s plans which include integrating digital currency wallets into existing retail bank accounts. The potential for the Chinese central bank digital currency to achieve scale from the get-go has put several other central banks worldwide on high alert.

Continue reading: https://news.bitcoin.com/pboc-digital-currency/

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