TechFlow, September 16 — According to the official account of China Finance 40 Forum, Mu Changchun, Director of the Digital Currency Research Institute at the People's Bank of China, pointed out that it is necessary to reform and upgrade digital RMB in both theory and practice. At the macro level, digital RMB should consider enhancing money creation capacity; at the micro level, it should ensure consistent rights, responsibilities, and interests among all parties. In addition, holding idle, non-interest-bearing assets deprives individuals and enterprises of the time value of money. By leveraging technical features such as currency strings and a globally unified ledger, digital RMB can provide better monetary services for the development of the real economy.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
