AZ Coin News: Chen Weigang Chinese Communist Party: ICOs and cryptocurrency needed to be banned completely, but CBDC is a different story

  • Friday, 28 February 2020 00:25
Chen Weigang, former Vice President of China Insurance Regulatory Commission of the Communist Party, shared about ICO regulations and digital currency trading in China. Sharing with the media, Chen said that a central bank digital currency (CBDC) is an essential strategic plan for the Chinese Yuan to gain the upper hand in international economic development. […] The post Chen Weigang Chinese Communist Party: ICOs and cryptocurrency needed to be banned completely, but CBDC is a different story appeared first on AZ Coin News.

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