China launches a digital version of its currency and became the second and major economy to officially lunch a digital version of its currency we have known in china app base payment circulate in all business 750,000 people are found that can spend their digital currency in-store and online shopping after lunching the digital currency in china two currency exists one is physical currency and the second one is the digital currency for highly sensitive issues like information share china proposed some rules to the central bank for digital currencies with mainstream companies digital currency gain more traction china try to internationalize the yuan so they can minimize dependence on the dollar global banking system
