Former Bank of China executive talks down RMB stablecoins
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China has little to gain and much to lose from permitting yuan-based stablecoins.
That was what Wang Yongli, former vice president of the Bank of China and former SWIFT board member, argued in a Caixin commentary on Monday.
ICYDK: On November 28, the central bank (PBoC) reaffirmed a 2021 national ...