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By Marion Laboure | China Daily | Updated: 2020-11-06 07:25They had been around for a while, but it was not until 2017 that cryptocurrencies really gained global attention as the price of a Bitcoin surged to almost $20,000.When Facebook announced Libra, its new cryptocurrency payment system, last year, the conversation hit all levels of society and politics. Early this year, 80 percent of central banks were working on a central bank digital currency (CBDC), 40 percent were experimenting with proofs of concept, and 10 percent, mostly in emerging economies, were running pilot projects.But what h…
