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2020-10-24 15:23:14

There Won’t Be Any Stablecoin For The Digital Yuan If PBoC Implements Revised Banking Law

China’s Central Bank, the People’s Bank of China (PBoC) is looking to revise the current banking law to legalize the Digital Yuan and prohibit the development of any tokens pegged to the digital Yuan in the country. The PBoC is involving public input according to its official announcement which stated that the revised draft will […]

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