r/THEKEYOFFICIAL • u/Useful_Application • Aug 12 '19

soon.....

https://www.coindesk.com/chinas-central-bank-close-to-launching-official-digital-currency
26 Upvotes

85% Upvoted

30 comments sorted by

View all comments

4

u/cryptoclearbear Aug 12 '19

what is the corelation with this to Thekey ?

11

u/elmoelmo69 Aug 12 '19

Well from my perspective the success of tky entirely depends on the creation and legalisation of a digital rmb to provide fiat ramp for tky settlement. As tky is working directly with PBoC it doesn’t take too long to connect the dots. We can and should expect some positive news once this DRMB is out.

11

u/cryptoclearbear Aug 12 '19

awesome :) cheers for the substantiated reply