Cryptocurrency Q&A Which crypto is China backing?

Which crypto is China backing?

EthanTaylor EthanTaylor Wed Mar 27 2024 | 7 answers 1430
Could you enlighten me on which cryptocurrency is currently being supported by the Chinese government? I've noticed a growing interest in the crypto space from the East, but I'm not entirely sure which specific coin or tokens are receiving official backing. Given China's significant influence in global finance, I'm curious to know which crypto projects they are investing in and promoting. Could you provide some insight into this matter? Which crypto is China backing?

7 answers

SamuraiCourageous SamuraiCourageous Thu Mar 28 2024
With the completion of this project, China joins the growing list of nations exploring digital currencies.

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CryptoKing CryptoKing Thu Mar 28 2024
BTCC, a UK-based cryptocurrency exchange, offers services for trading and managing various cryptocurrencies.

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AltcoinExplorer AltcoinExplorer Thu Mar 28 2024
The People's Republic of China has been actively working on a blockchain-based digital currency for the past seven years.

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HanjiArtistry HanjiArtistry Thu Mar 28 2024
This digital currency, introduced by the People's Bank of China (PBOC), is named Digital Yuan.

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MysticChaser MysticChaser Thu Mar 28 2024
BTCC's platform provides users with a secure and efficient environment to buy, sell, and store digital assets.

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