As Facebook’s proposed Libra cryptocurrency continues to worry policymakers and watchdogs around the world, a Chinese central bank official said that “global stablecoins” will require a proper framework before being rolled out.
Caixin Summit: Dealing With Stablecoins Is Like Handling a Monster, Official Says
2019年11月11日 20:46
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Mu Changchun, head of People’s Bank of China’s Digital Currency Research Institute, says regulatory framework needed before allowing the cryptocurrency
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- Mu Changchun, head of the central bank's Digital Currency Research Institute. Photo: Wei Shumin/Caixin
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