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A former governor of the China-based central bank has addressed the sovereign digital currency issue, the digital CNY being designed to grow retail payments at home and prevent USD dominance.
China, digital yuan, digital CNY, retail payments, stable coins, digital currency, Bank of China, DCEP, electronic payment
Libra, launch, Facebook, banking, regulated payments, cryptocurrency, HSBC, Credit Suisse, FINMA, Switzerland, stable coins, single currency, multi-currency, payment tokens
India, TCS, crypto trade, trading solution, banks, Tata Consultancy Services, cryptocurrency, BSE, NSE, Stock Exchange, Quartz Smart Solution for Crypto Services, financial institutions, banks, cryptocurrency trading, stable coins, digital currencies, fiat currencies, trading venues, blockchain networks