import ea to binary options platform ikili opsiyon saatleri non repainting binary options arrow indicator operando notícias opções binárias binary options mt4 brokers provide
  • Latest
  • Trending
  • All
  • Bitcoin News
  • Ethereum News
China Launch Cryptocurrency

China will Launch Its Own Cryptocurrency

October 16, 2019
Finexro Review

Finexro Review- What To Expect When You Sign Up With This Brokerage Firm?

December 3, 2020
Group500 Broker Review

Group500 Broker Review – Trade Online Safely

December 1, 2020
RedRock500 Review

RedRock500 Review – Important Questions to Ask about the Broker

November 30, 2020
COVID-19

How to Sign Documents during the Time of COVID-19?

October 9, 2020
SMI Markets Review

SMI Markets Review – Important Questions to Ask about the Broker

October 8, 2020
USDT-promo

USDT Is A Game Changer For Online Poker

September 29, 2020
  • About
  • Advertise
Thursday, January 21, 2021
Crypto - Bitcoin News, Forecast and Analysis
  • News
    • Markets
    • Blockchain
    • Interesting
    • ICO
    • Scams
    • Ripple XRP News Today
    • Dogecoin News
  • Forecasts
    • Bitcoin Price Prediction
    • Ethereum (ETH) Price Prediction
    • Ripple (XRP) Price Prediction
    • Bitcoin Cash (BCH) Price Prediction
    • Cardano (ADA) Price Prediction
    • Tron (TRX) Price Prediction
    • Stellar Lumen (XLM ) Price Prediction
    • Qtum Price Prediction
  • Cryptocurrency Live Prices
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Ripple Price
    • Cardano Price
    • XLM Price
  • Cryptocurrency Converter
    • BTC to USD Converter
    • ETH to USD Converter
    • LTC to USD Converter
    • XRP to USD Converter
    • ADA to USD Converter
    • XLM to USD Converter
    • Monero to USD or XMR to USD Converter
    • TRX to USD Converter
  • Press Release
  • MARKET CAP
No Result
View All Result
Crypto - Bitcoin News, Forecast and Analysis
No Result
View All Result
Home News

China will Launch Its Own Cryptocurrency

by News
October 16, 2019
in News
240
0
China Launch Cryptocurrency
496
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

China is planning to launch a yuan-backed cryptocurrency, RBC Capital Markets reported. Analysts and industry leaders are underlining the China’s geopolitical implications of 1st introducing a crypto coin, especially if the United States regulators dismiss Libra.

RBC stated in a note to clients on Tuesday:

“If US regulators ultimately dismiss Libra and decide not to draft regulations to encourage crypto innovation in the United States, China’s CBDC may be strategically positioned to become the de facto global digital currency in emerging economies.”

The analysts of RBC also noted that messaging apps can give a vast opportunity to onboard customers to digital wallets and, as a result, it will lead to massive crypto coin adoption, underlining that China has the possibility to spread the potential token through messaging & payment apps like Alipay, WeChat & UnionPay.

China has been researching digital currencies as early as 2014 with the intention to reduce payment costs and improve payment convenience. In 2018, governor of China’s central bank Zhou Xiaochuan said that crypto is technically inevitable.

In September, Mu Changchun (deputy director of the People’s Bank of China’s payments department ) also stated that the crypto coin of China is intended to protect China’s monetary sovereignty and legal currency status.

Share198Tweet124Share50
News

News

  • Trending
  • Comments
  • Latest
How to Mine Cryptocurrency On Your PC and Make Millions

How to Mine Cryptocurrency On Your PC and Make Millions

November 16, 2020
BESTMIXER.IO – FUTURE OF BITCOIN MIXERS

BESTMIXER.IO – FUTURE OF BITCOIN MIXERS

May 10, 2018
pibexa

Pibexa Review – A Close Look at Pibexa Before You Sign Up

April 21, 2020
ALEHUB.IO – A Blockchain Project Management for IT industry.

ALEHUB.IO – A Blockchain Project Management for IT industry.

June 1, 2018
Bitcoin News

Football Team Paris Saint-Germain (PSG) Forms Strategic Partnership With Socios Cryptocurrency Firm

September 12, 2018
Bitcoin News

Twitter Is Going To Ban Cryptocurrency Advertisements

25
What Is an ICO?

What Is an ICO?

6
What Exactly Is a “Blockchain”?

What Exactly Is a “Blockchain”?

5
A New Major Company Atriark In Cryptocurrency Mining

A New Major Company Atriark In Cryptocurrency Mining

3
Litecoin: Rising Digital Coin

Litecoin: Rising Digital Coin

3
Finexro Review

Finexro Review- What To Expect When You Sign Up With This Brokerage Firm?

December 3, 2020
Group500 Broker Review

Group500 Broker Review – Trade Online Safely

December 1, 2020
RedRock500 Review

RedRock500 Review – Important Questions to Ask about the Broker

November 30, 2020
COVID-19

How to Sign Documents during the Time of COVID-19?

October 9, 2020
SMI Markets Review

SMI Markets Review – Important Questions to Ask about the Broker

October 8, 2020

CryptoCyNews.com

About

Buy Guest Post

Advertise

Privacy Policy

 

Crypto Predictions

Bitcoin Price Prediction

Ethereum Price Prediction

Ripple Price Prediction

Bitcoin Cash Price Prediction

Cardano Price Prediction

Tron Price Prediction

Crypto Prices

Bitcoin Price

Ethereum Price

Litecoin Price

Ripple Price

Cardano Price

Stellar Price

Crypto Converters

BTC to USD Converter

ETH to USD Converter

LTC to USD Converter

XRP to USD Converter

ADA to USD Converter

XLM to USD Converter

  • About
  • Advertise

Copyright © 2017 JNews.

No Result
View All Result
  • Home

Copyright © 2017 JNews.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In