The Pomp Letter

The Pomp Letter

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The Pomp Letter
The Pomp Letter
China Is Building A Central Bank Digital Currency

China Is Building A Central Bank Digital Currency

Anthony Pompliano
Jul 09, 2019
∙ Paid
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The Pomp Letter
The Pomp Letter
China Is Building A Central Bank Digital Currency
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Let the global games begin!

This is the takeaway from yesterday’s news that China’s central bank has previously gained internal approvals from the State Council to develop a national digital currency. This decision to move forward with a central bank digital currency (digital legal tender) appears to have happened approximately two years ago, but the wor…

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