china central bank

People’s Bank of China Plans to Launch Its Own Digital Currencies
January 20th, 2016

China’s central bank on Wednesday announced that it will try to issue digital currencies ‘as soon as possible’ to cut the costs of circulating traditional paper money and boost policymakers’ control of money supply.

Goldman Sachs: 80% of Bitcoin is Exchanged Into and Out of Chinese Yuan
March 11th, 2015

Nearly 80% of all bitcoin trading volume is driven by the Chinese national currency.