China Should Prepare Digital Yuan to Counter Facebook Libra: Ex-PBoC Chief

2019-7-11 16:22

China should revamp its plan for a national digital currency in the face of Facebook's Libra cryptocurrency, says the central bank's former head.

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china libra facebook digital should face head

china libra → Ðåçóëüòàòîâ: 21


Bitcoin’s meteoric rise, Facebook’s Libra will have China accelerate its digital currency project

It all started with the US launching an investigation of China’s trading policies in 2017, leading to the imposition of tit-for-tat tariffs on products by both the countries. As tensions between the two countries intensified, what many observed was an opportune moment for cryptocurrencies to replace the legacy institution.

2019-7-11 02:30