A Chinese media group InterChain Pulse currently analyzed this kind of asset and came to the conclusion that, for example, the People’s Bank of China (PBoC) and Bank of England (BoE) digital coins would vary from each other.
China is working on digitizing the currency renminbi, while the UK is preparing to build a competitive payment system.
China’s digital coin will fulfill the standards of AML and PBoC’s own privacy policies. One of the most important resemblances of the coins is that they will not be built on blockchain technology.
Continue reading: https://www.thecoinrepublic.com/2020/03/28/the-china-and-uk-banks-digital-coins-to-differ-from-each-other/
