World awaits digital currency breakthrough

By CHEN JIA | China Daily | Updated: 2020-01-08 03:43
Nation accelerates blockchain technology development
This year, as the world eagerly awaits news of the first government-issued digital currency in a major economy, eyes are turning to China, which is accelerating development of blockchain, the underlying technology required for e-money.
In the past 12 months, all announcements by the People’s Bank of China, the central bank, about updates to its proposed digital currency have attracted global media attention.