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China currently test running digital currency that could replace the Yuan





As the total value of the entire cryptocurrency market rise above $1trillion, China rolls out testing of its eCurrency that could replace the Yuan in the year 2021.
Meanwhile, as Nigeria government the most popular country in Africa and the second largest cryptocurrency market in the world banned the banks, all financial institutions and non-financial institutions from transacting in cryptocurrency in a circular posted by the Central Bank of Nigeria. 

This has put the citizens in a state of dilemma, while China is taking a measure on how to control the use of cryptocurrency over its 1.4 billion population.

One will be wondering why the Nigerian government ban crypto taking a backwards decision without thinking about the future.


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