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The People’s Bank of China has filed more than 80 patents related to its secretive plans to launch a digital currency, according to new research that shows the extent of Beijing’s ambitions to digitize the renminbi.
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“Virtually all of these patent applications relate to integrating a system of digital currency into the existing banking infrastructure,” said Marc Kaufman, a partner and patent attorney at Rimon Law, who worked with the chamber on the project.
https://www.ft.com/content/f10e94cc-4d74-11ea-95a0-43d18ec715f5
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