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Reuters has gone to shit.
China's central bank will issue an action plan on digital yuan management, with a new generation of digital measurement framework and mechanism effective from January 1, the Financial Times, a publication run by the People's Bank of China, said on Monday.
They meant Financial News, not FT.
China to Pay Interest on Digital Yuan in Bid to Boost Adoption
https://archive.is/76UjF #1391210
This post has what wasn't clear at all from the Reuters article:
China to Pay Interest on Digital Yuan in Bid to Boost Adoption
#1391210
The way you worded it, I thought you were trolling, as I assumed you would know Jed McCaleb history:
Jed McCaleb, creator of eDonkey P2P file sharing, 25 years ago.
Then he created Mt. Gox, before selling it to Mark Karpeles.
Then co-founded NewCoin, which then renamed to OpenCoin, which ultimately rebranded as Ripple (after buying the name from the founder of the IOU-based Ripple) / XRP
then Stellar / XLM
and now Vast (space and rockets)
Non-paywalled: https://archive.ph/DvR78
A billion here, a billion there, pretty soon, you're talking real money.