The new crown epidemic is out of control-the central bank launches digital currency research and development

According to the latest news, since the outbreak of the new crown epidemic, the central bank’s discussion of digital currencies has become more intense due to the public’s concern that paper currency will spread the virus.

According to a survey report by the Bank for International Settlements, about 80% of central banks in the world are currently developing digital currency research and development. Among them, 40% of central banks have moved from concept research to certification stage, and 10% of central banks have started pilot programs.

As early as last April in China, most cities across the country began to integrate digital renminbi into daily shopping and use digital renminbi as other benefits. The People's Bank of China also announced that it will conduct internal pilot research and testing of digital renminbi in most key cities across the country.