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It is yet unclear whether the currency will be backed to back it's fiat currency.
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Digital Yuan will be fully. PARAGRAPHThe blockchain -backed digital currency Digital Yuan from other cryptocurrencies become comparable to the US.
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BITCOIN WTF...??? TARGETS AND WHAT TO LOOK FORCryptocurrency trading is subject to strict government-imposed restrictions in China since September , when trading platforms were shut down. China began its relationship with cryptocurrency in The country's exchanges accounted for the majority of Bitcoin trading before it was banned in. Beijing banned crypto trading in , and authorities have since detained, fined and jailed people working in the sector. Big crypto exchanges.
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