China drafts law to legalize digital yuan and ban competitors – bitcoin news

China drafts law to legalize digital yuan and ban competitors – bitcoin news

China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and ban digital currencies issued by anyone else in competition with it. Meanwhile, the central bank has cracked down on gambling sites that use the stablecoin tie. China drafts law to recognize digital yuan The People’s Bank […]

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