CHINA is now TESTING a NATIONAL CRYPTO CURRENCY for its people

China has been working on a new crypto currency over the last 6 to 7 months. Today there was an announcement that the Government of China will now begin its testing of the Crypto Currency. This is HUGE news, and a must buying opportunity if the Crypto goes public.

From the Article by "Futurism"
"China’s central bank — the People’s Bank of China — has developed a prototype of a cryptocurrency that it could end up in circulation in the near future. It would be introduced alongside the China’s primary currency the renminbi (also called the yuan). China will be simulating possible scenarios and running mock transactions using the cryptocurrency with some commercial Chinese banks. "

This new crypto currency, after its testing is a winner. There is around 1 billion people in China and this would be there main currency in the near future. If any of us is able to get into this crypto the chances of success is a sure thing. Keep an eye on China people.

2nd quote from the article
"The potential benefits of developing a digital currency are significant, particularly in China. First, it would decrease the cost of transactions, and therefore make financial services more accessible, which would be a big help to the millions of people in the country who are unconnected to conventional banks. Second, as it would be supported by blockchain, it has the potential to decrease the rates of fraud and counterfeiting, which would be of service to the government’s attempts to reduce corruption — a key concern. Third, it would make the currency easier to obtain, which would increase the rate of international transactions, allowing for more trades and faster economic growth."

The article here: https://futurism.com/china-becomes-first-countrchina-becomes-first-country-in-the-world-to-test-a-national-cryptocurrencyy-to-test-national-cryptocurrency/