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The US Federal Reserve begins looking into its own digital currency
The US Federal Reserve is took a step toward developing a digital currency as it announced plans to publish a research paper on the subject.
China's official digital currency is nearly ready
As much as China frowns on cryptocurrency, it's happy to introduce its own form of virtual cash. The People's Bank of China has revealed that its digital currency "can now said to be ready" after five years of work. Don't expect it to mimic crypto, however. According to payments Deputy Chief Mu Changchun, it'll use a more complex structure.
