Coronavirus highlights ‘urgent’ need for China’s digital currency, says state-owned bank

The economic challenges caused by the coronavirus pandemic have increased the urgency for Chinese companies to adopt the use of a digital currency, Guo Weimin, chief scientist at the Bank of China, said on Tuesday.While there is no official timetable f…

The economic challenges caused by the coronavirus pandemic have increased the urgency for Chinese companies to adopt the use of a digital currency, Guo Weimin, chief scientist at the Bank of China, said on Tuesday.While there is no official timetable for the launch of China’s sovereign digital currency, the People’s Bank of China is reportedly aiming to release the e-yuan, also known as the Digital Currency Electronic Payment, before the start of the Winter Olympics – an event expected to take…

This post was originally published on South China Morning Post.


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Karen Yeung | radiofree.asia (2021-10-27T00:27:03+00:00) » Coronavirus highlights ‘urgent’ need for China’s digital currency, says state-owned bank. Retrieved from https://radiofree.asia/2021/01/19/coronavirus-highlights-urgent-need-for-chinas-digital-currency-says-state-owned-bank/.
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" » Coronavirus highlights ‘urgent’ need for China’s digital currency, says state-owned bank." Karen Yeung | radiofree.asia - Tuesday January 19, 2021, https://radiofree.asia/2021/01/19/coronavirus-highlights-urgent-need-for-chinas-digital-currency-says-state-owned-bank/
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Karen Yeung | radiofree.asia - » Coronavirus highlights ‘urgent’ need for China’s digital currency, says state-owned bank. [Internet]. [Accessed 2021-10-27T00:27:03+00:00]. Available from: https://radiofree.asia/2021/01/19/coronavirus-highlights-urgent-need-for-chinas-digital-currency-says-state-owned-bank/
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" » Coronavirus highlights ‘urgent’ need for China’s digital currency, says state-owned bank." Karen Yeung | radiofree.asia [Online]. Available: https://radiofree.asia/2021/01/19/coronavirus-highlights-urgent-need-for-chinas-digital-currency-says-state-owned-bank/. [Accessed: 2021-10-27T00:27:03+00:00]
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» Coronavirus highlights ‘urgent’ need for China’s digital currency, says state-owned bank | Karen Yeung | radiofree.asia | https://radiofree.asia/2021/01/19/coronavirus-highlights-urgent-need-for-chinas-digital-currency-says-state-owned-bank/ | 2021-10-27T00:27:03+00:00
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