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27 September 2020

The Blockchain Service Network will stimulate China’s CBDC plans

The Blockchain Service Network will stimulate China’s CBDC plans


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The Blockchain Service Network will stimulate China’s CBDC plans.

From the Chinese government’s perspective, cryptocurrencies are not considered legal tender; instead, they are categorized under a type of “virtual commodity," but some industry players believe the Blockchain Service Network (BSN) infrastructure can stimulate the development of virtual currencies like a CBDC. .

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cointelegraph.com
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