China’s PBOC Says Its Own Cryptocurrency Is ‘Close’ to Release. Other sources like Quartz, Forbes and a former global head of financial strategy for China Construction Bank until 2012, says the largest bank in the world, the Industrial and Commercial Bank of China, the second largest bank in the world, his former employer, the Bank of China, the Agricultural Bank of China; two of China’s largest financial technology companies, Alibaba and Tencent; and Union Pay, an association of Chinese banks, will receive the cryptocurrency.
Articles Quoting Multiple Sources About China’s Government Crypto Launch Coming Soon:
1) China’s PBOC says its own cryptocurrency is ‘close’ to release https://www.msn.com/en-sg/finance/topstories/chinas-pboc-says-its-own-cryptocurrency-is-close-to-release/ar-AAFGtDi
2) Alibaba, Tencent, Five Others To Receive First Chinese Government Cryptocurrency https://www.forbes.com/sites/michaeldelcastillo/2019/08/27/alibaba-tencent-five-others-to-recieve-first-chinese-government-cryptocurrency
3) What China could gain from a digital yuan https://qz.com/1710850/chinas-central-bank-could-gain-from-a-digital-yuan-cbdc
China Will Now Put Government Officials Inside Companies Like Alibaba, Geely And Wahaha https://www.forbes.com/sites/zakdoffman/2019/09/23/controversial-new-chinese-move-places-officials-inside-companies-like-alibaba-geely-and-wahaha
China unveils 500 megapixel camera that can identify every face in a crowd of tens of thousands https://www.telegraph.co.uk/news/2019/09/26/china-unveils-500-megapixel-camera-can-identify-every-face-crowd
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