Summary:
People’s Bank of China stipulates for the first time that the digital yuan will be allowed to circulate and be converted like physical currencyHead of central bank’s digital currency research institute admits potential problems with digital yuan, but says they reinforce need for central bank oversightSCMPChina Moves To Legalise Digital Yuan, Ban CompetitorsFrank Tang
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People’s Bank of China stipulates for the first time that the digital yuan will be allowed to circulate and be converted like physical currencyHead of central bank’s digital currency research institute admits potential problems with digital yuan, but says they reinforce need for central bank oversightSCMPChina Moves To Legalise Digital Yuan, Ban CompetitorsFrank Tang
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Mike Norman considers the following as important:
This could be interesting, too:
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People’s Bank of China stipulates for the first time that the digital yuan will be allowed to circulate and be converted like physical currency Head of central bank’s digital currency research institute admits potential problems with digital yuan, but says they reinforce need for central bank oversight
SCMP
Frank Tang