Digital Yuan Will Support Smart Contracts: Chinese Central Bank

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tldr; The People’s Bank of China said its digital yuan will have “smart contract programmability” and is based on “the premise of security and compliance.” The digital yuan is controlled by the central bank and is the world’s largest CBDC project. The PBoC said cryptocurrencies like Ethereum can’t be “used in daily economic activities” due “to the lack of intrinsic value, acute price fluctuations, low trading efficiencies and huge energy consumption”

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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Coins Kaufen: Bitcoin.deAnycoinDirektCoinbaseCoinMama (mit Kreditkarte)Paxfull

Handelsplätze / Börsen: Bitcoin.de | KuCoinBinanceBitMexBitpandaeToro

Lending / Zinsen erhalten: Celsius NetworkCoinlend (Bot)

Cloud Mining: HashflareGenesis MiningIQ Mining

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