What you don’t know: The first Chinese bank to issue cryptocurrency.
The first digital currency exchange in China.
And the first online currency trading platform in China that allows users to buy and sell cryptocurrencies in real time.
Read moreRead moreThe world’s biggest economy is currently embroiled in a battle between a cashless society and a cash-hungry one.
While China’s cashless population has increased rapidly, its total number of people in poverty has increased, too.
According to a recent report by the International Monetary Fund, over 90 percent of the Chinese population is now considered to be “in need of financial assistance,” and nearly 30 million people have been affected by this.
Over 1 million people in China are still without access to credit.
And while the vast majority of these are not considered to need financial assistance, the situation for those in the middle of the food-insecure and precarious food chain has been dire.
Accordingly, China’s state-owned bank has issued a warning to its customers: Don’t get too carried away.
The bank is warning that the new Chinese “cashless society” is in full swing, and that it’s going to take a while for the country to stabilize.
According To The Wall Street Journal, the bank says the cashless revolution will start when “banks and payment services companies start to accept cash in their payment processes.”
And as the bank warns, “There is no end in sight.”
According to The Financial Times, the announcement is part of an effort to prepare the Chinese government for the cash-based economy.
This includes an effort by the country’s central bank to set up a cash transfer system, according to the Financial Times.
The move is part to help mitigate the negative effects of the cash revolution on the economy.
While it’s unclear how the bank’s announcement will play out, some experts say the bank should be applauded for taking a stand against a rapidly expanding cashless world.
China is the world’s largest economy, and its cashless policy has led to some of the fastest economic growth in the world.
But the country is also the world at large with a massive number of vulnerable populations, including children, the elderly, and those living in rural areas.
The country’s first cashless payments system, which was introduced in 2016, has helped the country reduce poverty and increase living standards for the poorest people.
The system, known as the People’s Bank of China, now serves nearly half a billion people.
China has been experimenting with digital currencies for some time now, including virtual currencies like Bitcoin.
But for the first time, China is now trying to establish a cash system that will work for everyone.
China’s state news agency Xinhua is reporting that the bank has also announced that it is “committed to implementing the countrys first virtual currency bank, which will offer the world the opportunity to buy cryptocurrencies without any need for money.”