China 'close' to a national Crypto

in brainfeed •  last month 

Possibly some of the biggest news this week.
If China releases a national crypto it will be taking the Trade war to the USA.
The second biggest national economy has been on a down turn and accused of 'printing money' (like the USA Fed does!)

There are many reasons for china to issue a national crypto but actually doing is will be earth shaking.

Time will tell

https://www.coindesk.com/chinas-central-bank-close-to-launching-official-digital-currency

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This post has received a 21.86 % upvote from @boomerang.

They will eventually just like every other country will eventually develop their own digital assets. The question is, will Libra be released before China can release an equivalent...