Digital Yuan Architect: ‘Imagine a CBDC on Ethereum or Diem’ – Cryptonews
Source: Adobe/H_Ko
One of the chief architects of the Chinese digital yuan has discussed a possibility that the central bank digital currencies (CBDCs) could operate on networks such as Ethereum (ETH) or the yet-to-be-released Facebook-masterminded blockchain platform Diem (formerly Libra) as part of a two-tier operating system.
The comments came from Yao Qian, the science and technology supervision bureau chief at the China Securities Regulatory Commission (CSRC) and the former head of the central…