China is Missing Fintech Opportunities Banning Crypto, Warns Economist

China is Missing Fintech Opportunities Banning Crypto, Warns Economist

China, while accelerating its efforts to test and launch its CBDC, is still maintaining a blanket ban on all crypto-related activities. Huang Yiping, the former advisor to the People’s Bank of China (PBOC), has voiced concerns that China is losing next-gen fintech opportunities that other parts of the world are already experimenting with. Yiping’s warning … Read more