PBOC dep gov says Bank crypto would not have a big impact

People's Bank of China writing in the China Business News (via Bloomberg)

A central bank digital currency would not have a big impact on

  • the current currency
  • financial systems
  • or the real economy

Says that the PBOC will manage digital currency in a centralized way.

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In the piece there was no timeline given for the PBOC to introduce a digital currency

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