Tag: National Digital Currency

PBoC Will Develop RMBCoin Rather Than Legalize Public Cryptocurrencies

There are many consequences of China’s recent cryptocurrency regulatory measures. One positive impact is the fact that China is no longer a factor in regards to Bitcoin’s price, which set a new all-time high this week. At the same time, the country’s central bank plans to go ahead with RMBCoin, which will be China’s own central bank digital currency. This news is anything but surprising, as it seems to have been the plan all along. …
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What Are Estcoins?

Multiple countries around the world have been looking into the idea of issuing a national digital currency. That would involve a central bank issuing digital money using a blockchain-like system. One country exploring such a program is Estonia. This is an interesting option that was recently proposed by the managing director of the Estonian e-residency program. Estcoins will be issued through an official ICO, which makes the whole ordeal even stranger. Estcoins Sound Interesting …
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