National Crypto Currency of China Will Not Be Released in November

On the official Twitter page of the above mentioned newspaper of CCP there was a post from August, 28, in which China’s central bank called the media information, concerning the launch of national crypto currency, "inaccurate speculation".

More recently it was reported that the authorities have advanced the development of the national token which promises to be a new competitor for the Libra coin, launched by Facebook. According to the statement of Deputy Head of the Central Bank of China Mu Changchun, the currency is planned to be released "in near future".