Binance’s CZ Speaks Publicly About China’s Digital Currency

Cointelegraph | Nov 14, 2019 at 5:05 AM
  • Binance CEO Changpeng Zhao, better known as CZ, predicted that the digital Renminbi token (RMB) would be based on blockchain.
  • It will certainly not be as decentralized as Bitcoin (as it will be issued by the central bank), but CZ thinks it is going to be a blockchain-based version of RMB.
  • Some investors predict the Chinese digital currency will be issued within 2-3 months.