News Snapshot:
People’s Bank of China reveals Digital Yuan as mandatory, to be treated like cash By 0 The People’s Bank of China (PBOC) revealed today that the new digital yuan will be mandatory to deal with and that it will be regulated like cash . Sharing his views on Financial News China in a new opinion article, a senior executive revealed that the digital asset will be treated just as ordinary traditional assets and stores of value. Fan Yifei, deputy governor at the PBOC, stated the necessary regulations required for the bank to operate with the digital yuan. The deputy governor...
