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What are the answers to digital currency's funds here?
Everyone has heard of digital currency. What about digital currency's fund? What products are there in the market? Let's have a look.

What are the funds in digital currency?

At present, there is no digital currency fund in China A-share market, because digital currency is only a target concept, so its own sustainability is relatively short. Generally speaking, funds in a specific industry or theme will not only focus on one theme. On the other hand, digital currency's relatively large market value may not be too much, and the operating space of the fund is limited. On the other hand, most subjects are unlikely to last for one or two years, so the fund is not operating well.

The Significance of digital currency

The main purpose of issuing digital currency is to protect monetary sovereignty. At the same time, the appearance of digital RMB will improve the efficiency of payment system and the convenience of RMB payment. China CCTV issued digital currency, which can reduce the circulation of paper money and reduce the cost brought by the issuance of paper money. The advantage of digital currency lies in its convenience and safety. California has legalized bitcoin and other data currencies, and the Bank of England has indicated that it will consider issuing digital currency, which has laid a good foundation for the circulation of digital currency.

The above is the relevant content of digital currency Zhongzi Fund. Please pay attention to more information.