China Experiences Second Major Bank Run This Month, Further Highlighting a Need for Digital Currencies

China’s Yingkou Coastal Bank was forced to stack yuan behind the counter recently as it struggled to meet withdrawal demands. This is a problem that China has faced multiple times in the past month throughout the country. China’s banking system is showing cracks as some are struggling to process withdrawals. The solution has been a … Continue reading China Experiences Second Major Bank Run This Month, Further Highlighting a Need for Digital Currencies