Bitcoin price surge may be driving up interest in digital yuan, Bank of China says


Source: rt.com rt.com

Key Topics in this News Article:

News Snapshot:

Bitcoin price surge may be driving up interest in digital yuan, Bank of China says 2 Apr, 2021 10:50 © Getty Images Follow RT on The recent rise of bitcoin could be among the reasons for renewed interest in the Chinese digital yuan project, according to the People’s Bank of China (PBOC). The world’s top crypto, bitcoin, is effectively banned in the country. Wang Xin, PBOC’s research bureau director, told reporters that market interest in the digital yuan is “very strong and everyone is paying close attention.” He said, as quoted by CNBC, that “on one hand, this is related...