CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Cryptopolitan 2023-10-13 11:25:06

Chinese FX regulator discusses potential of CBDC programmability

China has heightened its focus on central bank digital currencies (CBDCs), eyeing the substantial potential of their programmable features. As Deputy Administrator of the State Administration of Foreign Exchange, Lu Lei, recently highlighted, these features could redefine the role of M0 currency, traditionally associated with physical cash. Moreover, these developments might impact M2 currency, which ... Read more

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.