Express

Former Vice President of Bank of China: Firmly Promote Development of Digital RMB, Policy Orientation to Restrain Virtual Currency Fully Clear

Summary: In a recent article, Wang Yongli, former vice president of Bank of China, pointed out that China is firmly promoting the development of digital RMB, and the policy orientation to firmly restrain virtual currency is now fully clear, exceeding many people's expectations and sparking significant social controversy. To this end, it is necessary to clearly ...

In a recent article, Wang Yongli, former vice president of Bank of China, pointed out that China is firmly promoting the development of digital RMB, and the policy orientation to firmly restrain virtual currency is now fully clear, exceeding many people's expectations and sparking significant social controversy. To this end, it is necessary to clearly explain the reasons for firmly restraining virtual currency, while also accelerating the innovative development and widespread domestic and international application of digital RMB, quickly establishing its unique advantages in international payments, and paving the way for China's successful development of digital currency.

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