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BTC News Today 2020: The King of Crypto. Is China Trying To Become The King of Cryptocurrency?

BTC News Today 2020: The King of Crypto. Is China Trying To Become The King of Cryptocurrency?

All Cryptocurrencies

by COINS NEWS 13 Views

Cryptocurrency News for 2020: Have you been following China’s Central Bank Digitial Currency? Today we will dig deeper into the announced plans and actions that China is taking. When you look at the big picture, it sounds like China is laying the groundwork to become the Worlds Digital Currency. China has written an official government curriculum that details the history of money, Bitcoin, Crypto Exchanges, ICO’s, and the Chinese Central Bank Digitial Currency. China is writing the laws that will govern a Central Bank Digital Currency. Finally, China is building a Stablecoin in a partnership with Japan, Korea, and Hong Kong. This new stable coin will be based on currencies from these four countries. It sounds like China is focused on becoming a world leader in Digital Currencies and possibly the future reserve currency.

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submitted by /u/Lumin8_Crypto
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