China's preparations are bearing fruit: an important milestone in e-yuan testing

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Anticipating Hong Kong to blow up the crypto market, we have nearly missed a very important point. The “black swan” is about to knock, which is just around the corner. 

 

Bitcoin dominance keeps rising while alt is falling. What does all of this mean? China has completed the second preparation stage to introduce its own digital currency! 

 

Bank of China Limited, HSBC, Hang Seng, and Standard Chartered are now at the final phase of digital currency testing by doing cross-border transfers. 

 

Currently, only a few have access to the digital yuan (eCNY), but soon it will be available to everyone in retail networks. What does this mean? We will see an answer to this question very soon. One can only assume that complete control over our finances will no longer seem a fairy tale. Why can't you buy a new phone or spend your money going on vacation? Later on, you can ask your bank about this. 

 

A logical question is: “How to gain full control over your finances?” The answer is simple: move into the world of crypto. This is a promising area where you can earn and control your funds yourself. 

 

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