China should not rush on digital yuan for cross-border payments - former central bank head

3 years ago
Anonymous $4BDEsVAtYS

https://www.reuters.com/article/us-china-boao-yuan/china-should-not-rush-on-digital-yuan-for-cross-border-payments-former-central-bank-head-idUSKBN2C80I2

China should not rush to use the digital yuan for cross-border payments due to regulatory obstacles and foreign concerns about it's global impact, Zhou Xiaochuan, the country's former central bank governor, said at the Boao Forum on Wednesday.