by Simon Sharwood on (#585X1)
Alibaba and Tencent left to offer mediated wallets rather than potentially become private currencies A deputy governor of the People's Bank of China has revealed more about the nation’s plan for a digital currency, and the news isn’t good for alternative payment systems run by the likes of Alibaba and Tencent because it appears they won’t get the chance to go head-to-head with Banks.…