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People’s Bank of China to go ahead with its national digital currency as planned

by CBDC Insider Staff
April 14, 2020
in Asia, Business
Reading Time: 1min read
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People’s Bank of China to go ahead with its national digital currency as planned
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The People’s Bank of China said that its plan to launch the national digital currency would go through as planned as the nation continues to recover from the coronavirus crisis.Earlier it was reported that the central bank of China had delayed its plans to go through with its digital Yuan dubbed as DC/EP. But in a recent statement, the People’s Bank of China disclosed that the country’s digital currency program will push through as expected. According to Sina Finance, the PBOC (1) conducted a “Quarterly Finance Statistics Data Presentation” last week as a follow up on the progress of the country’s planned launch of its centralized digital currency.

Continue read: https://coinnounce.com/peoples-bank-of-china-to-go-ahead-with-its-national-digital-currency/

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