China trains executives in digital currencies

While China is preparing to issue a crypto-yuan, the government has published a second edition of its manual on digital currencies for executives of the country.

The Chinese Communist Party just released a new 200-page guide to digital currencies, comprising 23 chapters and ranging from basic principles to their impact on the financial system, points out Bloomberg.

"The digital currency is inevitable throughout history, "reads the cover of the book.

In order to launch his own, through these books – it first came out in October – China wants to educate its managers a better understanding of digital currencies.

For several months, the vast East Asian countries tease the upcoming launch of its own cryptocurrency, without disclosing either to schedule specific elements.

At last, the central bank is going, or has already launched a first test at Shenzhen and Suzhou. These manuals are therefore intended to prepare senior Chinese officials for his arrival.