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1113 days ago • Posted by Martin Boujol

China is the first major economy to issue its own digital currency

The Chinese government recently begun to offer the first state-backed, blockchain-powered currency to its citizens. A sample of 750,00o recipients has been pulled at random to start experimenting. The change was easily absorbed as app-based payments are already very popular in the country. As you can see on the map, many countries are working towards developing a similar solution. 

Source: Statista, Bloomberg, Wall Street Journal

China is the first major economy to issue its own digital currency
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