News Snapshot:
The People's Bank of China is seeking to legalize digital yuan and ban any yuan-pegged digital tokens in a new proposed draft. The People's Bank of China is seeking to legalize digital yuan and ban any yuan-pegged digital tokens in a new proposed draft. The People’s Bank of China seeks to legalize digital yuan. The central bank also proposed banning any yuan-pegged digital tokens in the new draft , effectively killing off any competitor to its central bank digital currency. PBoC published a statement late last week soliciting feedback from the public on the new draft law. Citizens have until...
