Zhou Xiaochuan financial reform digital currency
other well-known digital currencies include Leyte, Ruitai, doggy and so on.
is different from Alipay, WeChat and other electronic payment. Digital currency is a brand new digital credit currency which is different from traditional credit currency. On the morning of September 9, Zhou Xiaochuan, President of the people's Bank of China, Yi Gang, vice president of the people's Bank of China, and pan Gongsheng, vice president and director of the State Administration of foreign exchange, answered questions from Chinese and foreign journalists on issues related to "financial reform and development.". In response to a question about digital currency, President Zhou Xiaochuan said that bitcoin and other virtual currencies have not been recognized as retail payment instruments, and the central bank does not accept or recognize relevant services at present. At the same time, he also pointed out that the central bank is cooperating with the market to develop digital currency
At the same time, Zhou Xiaochuan also pointed out that digital currency may have some unpredictable effects on financial stability and monetary policy transmission. Therefore, it needs dynamic regulatory measures. Jin Yu, director of the Department of economics, School of economics, Shanghai University of Finance and economics, once commented that "virtual currency" may not only hide the grey transaction or even the black transaction, but also cause all kinds of risks, "crowd out" the real financial innovation, which is not concive to the sustainable and healthy development of Internet financeof course, in addition to the mainstream digital currencies such as bitcoin, lightcoin and dogcoin, there are also some application-oriented digital currencies in China, such as some digital currencies on coin Ying China platform.
The rise of the Internet has not only changed people's lives, but also greatly changed our way of payment, which greatly facilitates our lives. This time, Zhou Xiaochuan, vice chairman of the Boao Forum for Asia and former president of the people's Bank of China, was at the Boao Forum for Asia & lt; Digital payment and digital currency; On the sub forum, the topic of digital currency was mentioned, which also showed the country's attitude towards digital currency
What are the difficulties in cross-border payment of digital currency
e to the exchange rate difference between the currencies of various countries, especially the massive issuance of US dollar by the United States, many countries have lost a lot. However, if digital currency is used for cross-border payment, there will be no such problem. However, the original intention of digital currency is not cross-border payment, but to facilitate China's retail instry. Many people see that digital currency is so convenient in China, so it can be applied to cross-border payment. However, cross-border payment is not so simple, because exchange rate and currency stability need to be considered, and even some countries have certain control over foreign exchange. Therefore, the road of cross-border payment of digital currency is still very long, and these problems can not be solved at present, So the difficulty is great