April 17, 2021

24X7 News Guru

The Real Time News

China creates its own digital currency: Report

With cyber yuan, the Chinese government has reportedly created a digital currency controlled by its central bank. With credit cards and payment apps, money dealings are already some sort of virtual. But now, China is turning legal tender itself into computer code, The Wall Street Journal (WSJ) reported on Tuesday....

With cyber yuan, the Chinese government has reportedly created a digital currency controlled by its central bank. With credit cards and payment apps, money dealings are already some sort of virtual. But now, China is turning legal tender itself into computer code, The Wall Street Journal (WSJ) reported on Tuesday.

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