How China’s New National Cryptocurrency Changes Everythingby@sergey-baloyan
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How China’s New National Cryptocurrency Changes Everything

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On April 25, 2020, China will launch its national blockchain platform called BSN (Blockchain Service Network) Many believe this is the first, fundamental step before the launch of a global financial project - a government-backed cryptocurrency called DC/EP. In October 2019, Chairman of the People's Republic of China, Xi Jinping, said that the development of blockchain technology is one of the priorities of the state and called for accelerated growth of the industry. In April 2020, screenshots of the first version of the digital yuan application appeared online.

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