News Snapshot:
The People’s Bank of China is expected to launch a digital version of the yuan late this year, and the project is being accelerated, in response to the emergence of Facebook’s digital currency, Libra, and the outbreak of the Coronavirus. In an article published by the US Foreign Policy Research Institute website, the writer Robert Murray said that the People’s Bank of China conducted experimental tests in at least 4 cities, with the participation of American companies, and despite the conduct of various countries on the establishment of digital currencies for central banks, China was able to Significant progress in...
