Will China’s ‘Cryptocurrency’ Pump – or Pummel – Bitcoin?

Will China’s ‘Cryptocurrency’ Pump – or Pummel – Bitcoin?

China’s central bank is “close” to launching its own “cryptocurrency.” Will this historic moment pump bitcoin – or pummel it? | Source: REUTERS / Dado Ruvic / IllustrationChina’s long-fabled “cryptocurrency” launch is finally on the horizon.According to Bloomberg, People’s Bank of China (PBoC) payments department deputy director Mu Changchun confirmed at the China Finance 40…

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