News Snapshot:
Central Bank Digital Currency (CBDC) can be operated on Ethereum: Former China Digital Currency Research Director Cryptocurrency The Central Bank Digital Currency (CBDC) should incorporate smart contract capabilities rather than physical cash digitization, and will operate on blockchain networks such as Ethereum in the future. A statement by a former head of digital currency research at the People’s Bank of China was reported in China. Yao Qian, director of the China Securities Regulatory Commission’s Department of Science and Technology Supervision and formerly responsible for digital currency research at the People’s Bank of China (PBoC), said on the 29th and 30th....
