BEIJING, Jan. 20 (Xinhua) -- China's central bank on Wednesday announced that it will try to issue digital currency "as soon as possible."
A team in the central bank is examining domestic and global experiences. Digital currency costs less in circulation than traditional paper, facilitates trade, boosts transparency, and cuts money laundering and tax evasion, according to the People's Bank of China at a conference on digital currency. read more here, http://news.xinhuanet.com/english/2016-01/20/c_135029001.htm
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