RATE Group | Facebook’s Libra Money Plan Raises Stakes For China’s Cryptocurrency Ambitions : NPR
56394
post-template-default,single,single-post,postid-56394,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Facebook’s Libra Money Plan Raises Stakes For China’s Cryptocurrency Ambitions : NPR

31 Jul Facebook’s Libra Money Plan Raises Stakes For China’s Cryptocurrency Ambitions : NPR

Posted at 14:10h in Cryptocurrency News by

[ad_1]

A Chinese national flag flutters in front of the People’s Bank of China, the country’s central bank, in Beijing. The bank plans to launch a cryptocurrency.

Andy Wong/AP


hide caption

toggle caption

Andy Wong/AP

A Chinese national flag flutters in front of the People’s Bank of China, the country’s central bank, in Beijing. The bank plans to launch a cryptocurrency.

Andy Wong/AP

When Facebook announced plans in June to launch a new digital currency called Libra, the news sent monetary officials scrambling in China.

That’s because since 2014, the People’s Bank of China has been looking into building its own,…

[ad_2]

Source link

Tags:
, , , , , , , , ,