bitcoin, central bank digital currencies, china, digital currency, digital currency electronic payment, digital wallet, state cryptocurrencies

A Digital Currency Made in China

Following the bankruptcy of Lehman Brothers and the Financial Crisis of 2008, the popularity of cryptocurrencies started to surge. Unlike regular state-backed currencies, cryptocurrencies are decentralized in nature, meaning that no one has any absolute control over the production and distribution of such currencies. Soon, Bitcoin emerged to be the leading digital currency in the ...

Max Lu

Three digital currencies.