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Cash Might Die but No Hurry to Develop Digital Currency: China Central Bank Chief

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Cash Might Die but No Hurry to Develop Digital Currency: China Central Bank Chief

The governor of China’s central bank has admitted that physical cash may become obsolete one day but insists the authority isn’t rushing to release a cryptocurrency. Speaking during China’s annual Two Sessions conference in Beijing today, People’s Bank of China (PBoC) governor Zhou Xiaochuan claimed the authority is in no hurry to develop a digital

The post Cash Might Die but No Hurry to Develop Digital Currency: China Central Bank Chief appeared first on CCN

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