China May Adopt a “Hong Kong Style” Cryptocurrency, Instead of Libra, Per Ex-Central Bank Governor

2019-7-12 00:41

After the release of the whitepaper for Facebook’s Libra cryptocurrency, governments around the world have brought up concerns. Some have already stated that they will not allow Libra to be used within their economy, while others simply want clarity on the regulations already in place.

In a statement from the former governor of the People’s […].

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$ 0.0002231 (+0.00%)
Îáúåì 24H $496
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Cåãîäíÿ L: $0.0002231 - H: $0.0002231
Êàïèòàëèçàöèÿ $0 Rank 6089
Öåíà â ÷àñ íîâîñòè $ 0.0331327 (-99.33%)

libra governor cryptocurrency within economy allow used

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Former PBoC Governor Expects Policy Implementation in China to Counter Facebook’s Libra Coin

In an ever-continuing economic war between two of the greatest nations on the planet currently, US and China, maybe in yet another race of supremacy – this time in blockchain technology and cryptocurrencies – the former governor of the People’s Bank of China, Xiaochuan Zhou, states in a recent interview. In the past month, several […]

2019-7-11 18:23


Libra and others that follow it will establish exchange relations with major currencies, says former PBoC Governor

With Bitcoin getting mainstream recognition, there has been a lot of institutional onboarding into digital assets. Giants like Facebook, J. P. Morgan, Amazon, Alibaba, Microsoft, and others from all industrial sectors have started to look towards these assets as something that could potentially help solve problems in existing systems, ranging from payments, transfer of value etc.

2019-7-10 17:30


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