Despite the rumors for
a centralized digital currency, China's central bank governor Zhou Xiaochuan said that the country, which still does not recognize Bitcoin as a legitimate payment method, is not in a hurry to issue its own digital currency.
In a January 2018 op - ed, the bank's vice governor had pitched the concept of
a centralized digital currency with properties that would allow the PBoC to verify transaction data.
Our company for example promotes
a centralized digital currency, that is not based on math but on productivity on the web and accounted / audited by real people and administrators.
In May 2013, Liberty Reserve,
a centralized digital currency service that allowed users to register and transfer money to other users with only a...
(Asked for evidence of Bitcoin misuse, he cited
a centralized digital currency called Liberty Reserve, which is not Bitcoin.)
Creating
a centralized digital currency has been the dream for several countries looking to get into the digital currency industry.