Chinese Government Not Launching a "Chinese Bitcoin"
ByAinvest
Thursday, Feb 26, 2026 3:29 pm ET1min read
BTC--
China is not launching a "Chinese Bitcoin" that is 10X cheaper and faster than Bitcoin. There is no official announcement from the Chinese government or state-backed blockchain projects about launching such a token. China has banned Bitcoin and private cryptocurrencies, and instead focuses on its state-controlled digital yuan system.
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