Former Chinese central banker says digital yuan usage has been low by Cointelegraph

A former official at the People’s Bank of China (PBOC), the country’s central bank, has expressed disappointment that China’s digital yuan is underutilized.

Xie Ping, a former PBOC research director and current finance professor at Tsinghua University, made public criticism of the Central Bank of China (CBDC) digital currency at a recent university conference, according to a Caixin report Dec. 28.

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