The short answer is yes. According to the executive chairman of the Blockchain Research Institute, China’s official currency, the renminbi (RMB), may soon become a cryptocurrency, despite the fact that cryptocurrencies and the country have a volatile relationship. But even in the face of China’s anti-crypto outlook, experts say the country could still embrace the digital currency route.
https://www.fxstreet.com/cryptocurrencies/news/chinas-national-currency-could-eventually-become-a-digital-currency-according-to-blockchain-research-institute-201904221500