<div>UPDATE 1-China's digital currency will kick off 'horse race' - c.bank official</div> <!-- no image --> <div>* PBOC to adopt a two tier approach with digital currency project<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=BiAybMHOikU:QWBuXTHADOo:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=BiAybMHOikU:QWBuXTHADOo:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=BiAybMHOikU:QWBuXTHADOo:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=BiAybMHOikU:QWBuXTHADOo:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=BiAybMHOikU:QWBuXTHADOo:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/BiAybMHOikU" height="1" width="1" alt=""></div> Posted by Reuters