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среда, 16 декабря 2020 г.

Xi Jinping: China should play an active role in the international regulation of digital currenciesChina should take the lead in shaping the international regulatory framework for digital currencies, President Xi Jinping said. His speech, entitled “Problems of Medium and Long-Term Strategies in Society and Economy,” was quoted by the Xinhua News Agency.

Xi Jinping: China should play an active role in the international regulation of digital currenciesChina should take the lead in shaping the international regulatory framework for digital currencies, President Xi Jinping said. His speech, entitled “Problems of Medium and Long-Term Strategies in Society and Economy,” was quoted by the Xinhua News Agency.

Xi Jinping: China must play an active role in international regulation of digital currencies

China should take the lead in shaping the international regulatory framework for digital currencies, President Xi Jinping said. His speech, entitled "Problems of Medium and Long-Term Strategies in Society and Economy," quoted by Xinhua News Agency.

Xi noted that China has successfully adapted to the new economic realities amid the coronavirus pandemic: “Our country's online economy has played an active role in containing this epidemic. Online offices, online shopping, online education and online medicine have flourished and have been deeply integrated with the offline economy. ".

Recently, Vice Premier of the State Council of the People's Republic of China Liu He announced the need to accelerate the development of new technologies, including blockchain. He referred to an earlier statement by the head of state when he set the corresponding priorities..

Now, according to Xi, it is important not to stop development: "We need to take advantage of the momentum and accelerate the digitalization of various areas, including our economy, society and government, as well as take the initiative in creating an international regulatory framework for digital currencies and digital taxation.".
Xi Jinping: China should play an active role in the international regulation of digital currenciesChina should take the lead in shaping the international regulatory framework for digital currencies, President Xi Jinping said. His speech, entitled “Problems of Medium and Long-Term Strategies in Society and Economy,” was quoted by the Xinhua News Agency.

On this week Chinese tech company Huawei announced the launch of his new smartphone with built-in hardware wallet for storing digital yuan.

Bank of Canada Governor Tiff Maclem also recently announced that the emergence of national digital currencies in individual countries will require a coordinated international approach to prevent their abuse..
Xi Jinping: China should play an active role in the international regulation of digital currenciesChina should take the lead in shaping the international regulatory framework for digital currencies, President Xi Jinping said. His speech, entitled “Problems of Medium and Long-Term Strategies in Society and Economy,” was quoted by the Xinhua News Agency.

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