PBOC Argues that China Needs to Be Leader in National Digital Currency Space to Shake Global Dollar Dependency


Source: coinspeaker.com coinspeaker.com

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Thank you! You have successfully joined our subscriber list. Now China needs to establish a new payment system network to support its digital currency growth. Almost a decade after cryptocurrencies were established, countries are now rushing to tap into the technology to enhance their respective currencies CBDC. China is arguably leading them as it touches the final rounds in implementing its digital currency – digital yuan. With the increased competition between China and the United States in global tech control, the country is rushing to implement the digital yuan to win the race. China’s ruling government is seeking to implement...