Facebook’s Libra Spooks China Into Rushing Central Bank ‘Crypto’

By CCN Markets: We now know the reason why China’s central bank appears to be rushing to issue its “cryptocurrency” as quickly as possible. Beijing, reports suggest, is worried that Facebook’s Libra “cryptocurrency” will launch first. Communist Party Mouthpiece: China Wants to Beat Facebook With Knock-Off ‘Crypto’ According to English-language newspaper China Daily, the People’s […]

The post Facebook’s Libra Spooks China Into Rushing Central Bank ‘Crypto’ appeared first on CCN Markets

Source: https://www.ccn.com/facebook-libra-china-crypto/

Stay up to date

on all important crypto news!

The most important news, once a week. No spam.