2020-12-9 20:59 |
“The PBOC that is not criticized by the public will not withstand the test of history," the current head of the central bank says. Zhou Xiaochuan's legacy – the digital yuan – was sidelined, until it became necessary. origin »
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China’s blockchain drive has been about one thing: getting its people used to a state-backed crypto asset. The People’s Republic is determined to get its crypto yuan out as soon as possible and bankers have stressed that it will be for retail use.
2019-11-27 10:00 | |
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The current president of the Chinese Finance Association, Zhou Xiaochuan, has recently talked about the upcoming digital yuan. According to the economist, who has worked as the former head of the People’s Bank of China, the country’s central bank, China will continue on its path to create a digital yuan to be used for both […]
2019-11-27 00:51 | |
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Former PBoC head Xiaochuan Zhou says the digital yuan will enable retail payments first, but might need a different technical design for cross-border payments.
2019-11-27 21:15 | |
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Zhou Xiaochuan, the former Chairman of the People’s Bank of China, told reporters that implementation of the digital Yuan would involve a multi-step process. He recently outlined three key areas where the digital Yuan will find its most immediate use case.
2019-11-27 20:18 | |
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