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Update 03_Decentralised_Finance(DeFi)_Coursebook.ipynb #6

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Update 03_Decentralised_Finance(DeFi)_Coursebook.ipynb #6

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2 changes: 1 addition & 1 deletion ...tebooks/Week_3_DecentralisedFinance(DeFi)/03_Decentralised_Finance(DeFi)_Coursebook.ipynb
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"### Cryptos as legal tender? \n",
"**China** \n",
"Cryptocurrencies are not a legal tender and cryptocurrency exchanges are illegal in China.\n",
"The People’s Bank of China (PBOC) banned financial institutions from handling Bitcoin transactions in 2013 and went further by banning ICOs and domestic cryptocurrency exchanges in 2017. However, the PBOC has been working on introducing an official digital currency (digital Yuan) since 2012. In late 2020, the Chinese government drafted a law that conferred legal status on PBOC’s digital Yuan: the legislation is expected to result in the demise of the fiat currency, and the introduction of currency controls covering exchanges and currency fungibility. \n",
"The People’s Bank of China (PBOC) banned financial institutions from handling Bitcoin transactions in 2013 and went further by banning ICOs and domestic cryptocurrency exchanges in 2017. However, the PBOC has been working on introducing an official digital currency (digital Yuan) since 2012. In late 2020, the Chinese government drafted a law that conferred legal status on PBOC’s digital Yuan:*** the legislation is expected to result in the demise of the fiat currency,*** and the introduction of currency controls covering exchanges and currency fungibility. \n",
"\n",
"**El Salvador and CAR** \n",
"A widely discussed field is wether cryptocurrencies can replace conventional currencies (a.k.a. fiat money) or not.\n",
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