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Inside China's patents push: why Beijing wants to control digital currency

Beijing has filed no fewer than 84 patents centred on its digital currency and electronic payments system. What's the big idea? CT looks at China's virtual cash soft power push
Inside China's patents push: why Beijing wants to control digital currency

The race to launch the world’s first central bank backed digital currency (CBDC) around central bank backed digital currencies – fiat currency equivalents of digital only coins with central bank tender – just got serious with news this month that China has filed for no less than 84 patents around its upcoming token.

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