China will “definitely” deploy its new digital currency within the next six months to a year, a local blockchain investor has said.
China has revealed it has been developing the virtual yuan for several years, but senior government officials have so far declined to state when it could become a reality.
Speaking to CNBC on Nov. 20, Edith Cheung, partner at blockchain-focused venture capital fund Proof of Capital, appeared convinced about the digital currency’s imminent arrival.