China passes cryptography law as gears up for digital currency

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China passes cryptography law as gears up for digital currency

Will take effect in New Year.

China's largely rubber stamp parliament has passed a new law on cryptography as the country gears up to launch its own digital currency, state media reported late on Saturday. China's central bank set up a research team in 2014 to explore launching its own digital currency to cut the costs of ...

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china cryptocurrency finance financeit strategy

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