News Snapshot:
China PBOC Views CBDC Race as “New Battlefied†Between Sovereign Nations September 22, 2020 Share 0 China through its apex bank, the People’s Bank of China (PBOC) has reiterated its desire to be the first nation to issue a Central Bank Digital Currency (CBDC), according to reports from Reuters. The People’s Bank of China made this known via an article published in China Finance, a magazine run by the People’s Bank of China. As reported, the PBOC said that the right to issue and control the circulation or distribution of a digital currency will become a “new battlefield†of competition...
