
Last week, China announced that it would be piloting its digital currency in four cities and, then, would be expanding it across the country, targeting trade payments. While this makes China the first country formalising digital currency—Bitcoin alternatives have existed for long now—it also sounds the bugle for other central banks to join the race.
Continue reading: https://www.financialexpress.com/opinion/chinas-foray-into-digital-currency-could-spark-wider-acceptance-for-crypto/1948159/