People’s Bank of China to Launch Pilot Projects on Cryptocurrencies and Fintech Innovation

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China’s central banking authority, the People’s Bank of China (PBOC), is planning to roll out the pilot project focused on digital currency electronic payment in two of its major cities, namely, Shenzhen and Suzhou in the near future. Reports also affirmed that the PBOC is likely to put to the test its long-awaited digital currency …

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