Blockchain Industry will continue to see significant investments from China’s Hainan Free Trade Zone (FTZ) with new funds to encourage local businesses.
China's digital currency approach will favor international payments and the national retail system, said a former senior official.
China could launch its digital currency in the next 6 to 12 months. That could become a challenge to the global dominance of the US dollar.
Binance to introduce fiat-to-crypto OTC trading to remain competitive in the Chinese market.
China's proposed new digital currency will bear some similarities to Facebook's Libra coin and would be able to be used across major payment platforms.
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