Competition starts with "I will issue electronic money"

in #money4 years ago

The e-currency issue, triggered by Facebook's cryptocurrency Libra, is spreading to the competition of major nations trying not to lose their hegemony. Faster countries have announced that they will issue electronic money from the central bank.

At the financial forum held on the 28th, China said testing has been completed, including the design of electronic money and the establishment of standards. The Chinese government plans to phase in the use of digital currency in the pilot area.

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Really love this idea