Closed societies may start to take the lead in crypto development. According to Forbes, China has developed a state-backed cryptocurrency known as DC/EP (digital currency/electronic payments) that could be unveiled in November. The responsibility of distributing the cryptocurrency will fall on some of China’s biggest banks. The launch could be scheduled for November 11, the Chinese equivalent of Black Friday.
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Old-school billionaire invests in crypto, others sure to follow
You’re always going to notice the big money players who vilify crypto. After all, it makes for good headlines...
