Coinnounce
2020-05-07 07:12:05

Chinese digital yuan will replace physical cash eventually, says former PBOC president

Li Lihui, the former President of the People’s Bank of China, has said that the Chinse digital Yuan will eventually replace the physical cash in circulation in the country. He also explained that unlike AliPay and WeChat Pay, the digital yuan dubbed as DC/EP is designed to be independent of any third-party bank. Currently, the […]

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