Former head of the People’s Bank of China, Zhou Xiaochuan, stated at a forum in Beijing that China’s central bank digital currency (CBDC) development and testing process should prioritize security. Focusing on Cryptocurrencies and Stablecoins Zhou Xiaochuan highlighted the importance of security, low costs, and prevention of misuse in the development of CBDCs. The post Former Head of the People’s Bank of China Emphasizes Security in the Development of CBDCs appeared first on COINTURK NEWS.