China says new digital currency will be similar to Facebook's Libra - Reuters
Reuters reports: "China’s proposed new digital currency would bear some similarities to
Facebook’s Libra coin and would be able to be used across major payment
platforms such as WeChat and Alipay, a senior central bank officer said.
[...] Mu said China’s digital currency would strike a balance between
allowing anonymous payments and preventing money-laundering. It would
also bear some similarities to Libra in design but would not be a direct
copy, he said without elaborating."
Comment: If half the world transitions to a digital currency, can the other half be far behind?
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