The People’s Bank of China (PBOC) is preparing to launch a central bank-backed digital currency on 11 November, according to a Forbes report — and is to kickstart usage by distributing it to UnionPay, Tencent, Alibaba and several Chinese banks in time for consumers to use it on Singles Day, the country’s busiest shopping day. […]
Read the rest of China to begin issuing digital currency in November? at NFCW.