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Mu Changchun: Digital RMB Needs Reform and Upgrade in Theory and Practice
Summary: Mu Changchun, director of the Digital Currency Research Institute of the People's Bank of China, stated that it is necessary to reform and upgrade digital RMB in theory and practice. He emphasized the need to enhance the currency's derivative capabilities at the macro level and achieve consistency in rights and responsibilities at the micro level. ...
Mu Changchun, director of the Digital Currency Research Institute of the People's Bank of China, stated that it is necessary to reform and upgrade digital RMB in theory and practice. He emphasized the need to enhance the currency's derivative capabilities at the macro level and achieve consistency in rights and responsibilities at the micro level. He pointed out that if residents and enterprises hold non-interest-bearing assets for a long time, it will lead to the loss of the currency's time value. In the future, through technologies such as coin chains and unified global ledgers, more comprehensive currency services will be provided to the real economy. (China Finance Forty Forum)
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Link: Mu Changchun: Digital RMB Needs Reform and Upgrade in Theory and Practice [Copy]
