Metals News
Zhu Min: the introduction of digital currency by the central bank is the trend of the future
translation
11:04AM
Source:Gold ten data
The content below was translated by Tencent automatically for reference.

SMM: Zhu Min, former vice president of the International Monetary Fund, said when attending the "2019 Innovation economy Forum" in Beijing today that the introduction of digital currency by the central bank is a future trend, and if it is not launched, it will face two kinds of pressure. One is market pressure, cryptocurrencies such as Bitcoin, which are not sovereign currencies but are actually eroding the territory of sovereign currencies. The second pressure is that when considering the issuance of digital currencies, especially small countries, sovereign currencies will be marginalized if they do not issue digital currencies.

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