forbes

China’s Media Rubbishes Rumors, Says China’s Cryptocurrency isn’t about to Launch

China has rubbished reports going rounds in a section of the media that its Central Bank Digital Currency (CBDC) is all set for a launch after nearly half a decade of thorough research and development. A Chinese state-owned media outlet “The Global Times” took to Twitter to deny a widely-circulated Forbes report that the People’s...
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Chinese State Media DENIES Forbes ‘Scoop’ of State Crypto Launch

China is not launching a central bank-backed crypto in November, says China’s state media outlet the Global Times. | Source: REUTERS / Dado Ruvic China is not launching a central bank-backed crypto in November. That’s what Chinese state media outlet the Global Times said, in refuting a Forbes report. Central bank calls report ‘inaccurate speculation’...
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