The central-bank digital currency in China has been the talk of the town over the past few months.
Even over the whole year, digital yuan in China is a very exciting project that many crypto enthusiasts are looking forward to.
The central-bank digital currency in China has been the talk of the town over the past few months. Even over the whole year, the digital yuan is a very exciting project that many crypto enthusiasts are looking forward to. But according to a senior executive at the central bank of the nation, this digital currency should be regulated in line with cash related laws and regulations.
Fan Yifei recently released an opinion article on the 14th of September explaining the regulation principles for the operation of the digital yuan. As a deputy governor for the People’s Bank of China, the digital representation of the official currency of the country is an extremely important project to work on.
Continue read: https://cryptodaily.co.uk/2020/09/chinese-cbdc-will-be-more-controlled-like-cash-than-you-think
