Experts Called On China to Delay the Release Digital Currency
By the expert opinion, the government of China should expand cooperation with other countries, and not increase the pace of developing a national cryptocurrency. Experts think this will help the international regulation of the industry. The ex-deputy chairman of the People’s Bank of China, Zhu Min believes that central bank employees involved in crypto-yuan development should primarily focus on the international regulation of such assets. One of the most famous economists in China, Shusong BA said that monitoring cryptocurrencies require the development of a clear and well-thought-out system and its development must be taken seriously, as this can change the global financial system. Several experts from the Chila expressed roughly the same opinion. Earlier we wrote that the development of the national cryptocurrency of China is almost complete. To keep up with the latest news in the world of cryptocurrencies and the blockchain industry, check out updates on TheCoinShark.