Express

Chinese Think Tank Executive Believes China Will Have First CBDC

Roland James

Summary: The executive of a Chinese think tank believes that China’s central bank will be the first to successfully launch a virtual currency, according to Pandaily. Huang Qifan, vice chairman of the China Center for International Economic Exchanges (CCIEE), believes that China’s central bank will win the race to be the first central bank digital currency ...

The executive of a Chinese think tank believes that China’s central bank will be the first to successfully launch a virtual currency, according to Pandaily.

Huang Qifan, vice chairman of the China Center for International Economic Exchanges (CCIEE), believes that China’s central bank will win the race to be the first central bank digital currency (CBDC). China’s central bank currently doesn’t have a release date for their coin, despite reports earlier in the year that it would be ready for launch in August.

By Roland James

Last Update:

Tags: ,,
Link: Chinese Think Tank Executive Believes China Will Have First CBDC   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 5 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 11 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 14 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 16 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 18 days ago
  • You need to login to comment.