China’s Xi Asks G20 Countries to Be ‘Open and Accommodating’ to CBDCs

bit2Big > Bitcoin News > China’s Xi Asks G20 Countries to Be ‘Open and Accommodating’ to CBDCs

China’s President Xi Jinping told G20 meeting attendees this week that the group of the world’s largest developed economies should be open to central bank digital currencies (CBDCs) when developing standards for them.

In a wide-ranging speech that addressed the future of the global economy in the wake of the COVID-19 pandemic, Xi said that the G20 “needs to discuss developing standards and principles for central bank digital currencies with an open and accommodating attitude.”

Bit2Big

Bit2big offers global digital finance solutions based on blockchain, cryptocurrency investments and blockchain services.

With a presence in Switzerland, Nigeria, Rwanda and Uganda we are driving the adoption of blockchain technologies in the east and west Africa.

Transformative, empowering, progressive and integral. At Bit2big we believe in ownership, financial stability and having control over your future.

News

Dusk Network Takes ‘Around 10%’ Stake in Dutch Stock Exchange
December 2, 2020By
Hawks make arrest in matric maths paper leak
December 2, 2020By
Experts: Privacy Concerns Over Bitcoin Upgrade Taproot a ‘Non-Issue’
December 2, 2020By

Recent Cases

Related Posts

Leave a Reply