China’s Central Bank Official Stresses on Use of Digital Yuan in Retail Sectors
The head of the Digital Currency Research Institute at the People's Bank of China (PBOC), Changchun Mu, has emphasized the necessity of making the digital yuan available for all retail payment scenarios. Mu made this sta...
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Mu made this statement during a trade forum held in Beijing, where he also underscored the importance of compliance and the acquisition of relevant financial licenses by wallet providers and payment app operators, Chinese publication The Paper reported. ...
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