PARIS, FRANCE – OCTOBER 17: In this photo illustration, a visual representation of digital cryptocurrency coins sit on display in front of a Chinese flag on October 17, 2019 in Paris, France. China is preparing to launch its sovereign cryptocurrency with 5 banks, Alibaba and Tencent. Chinese authorities are stepping up preparations for their own virtual currency as Facebook promises to revolutionize payments with its virtual currency called ‘libra’. No date has been set, but media speculate on a launch from November 11, ‘feast of singles’ the day of shopping frenzy online in China. (Photo by Chesnot/Getty Images)
