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TheBlock 2020-10-23 12:57:13

PBoC seeks to revise banking law to legalize digital yuan and ban yuan-pegged tokens

The People’s Bank of China (PBoC) is seeking public feedback to revise the current central banking law, which aims to legalize digital yuan but prohibit circulation of yuan-pegged digital tokens. The central bank published a notice late Friday China time that it is accepting public feedback for a revision draft until November 23. In Article […]The post PBoC seeks to revise banking law to legalize digital yuan and ban yuan-pegged tokens appeared first on The Block.

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