China’s Cryptocurrency Plan Has a Powerful Partner: Big Brother

Banking and Financial Institutions, Bitcoin (Currency), Calibra, Facebook Inc, Libra (Currency), Mark E, Mobile Commerce and Payments, People's Bank of China, Regulation and Deregulation of Industry, Renminbi (Currency), SWIFT(Society for Worldwide Interbank Financial Telecommunication), Technology NEWS, Virtual Currency, Zuckerberg /

BEIJING — When Facebook announced plans this year for a cryptocurrency called Libra, it said its goal was to reinvent money for the internet age. What the company probably didn’t imagine was that its efforts might spur China to get there first. China wants to start replacing the cash that people carry with a digital […]

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