<h1>People’s Bank Of China ‘Close’ To Launch Of Its Own Crypto</h1>

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peoples-bank-of-china-close-to-launch-of-its-own-crypto

Mu Changchun, deputy director of the People’s Bank of China (PBoC), has stated that the group is close to finishing up and issuing its own cryptocurrency. However, unlike most blockchain-based cryptocurrencies, the PBoC’s currency is intended to give Beijing more control over its financial system.

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