Well, he would say that, wouldn't he ?
Top Chinese central banker says Beijing’s digital currency must be restricted to big commercial banks
A deputy governor of the People's Bank of China has revealed more about the nation’s plan for a digital currency, and the news isn’t good for alternative payment systems run by the likes of Alibaba and Tencent because it appears they won’t get the chance to go head-to-head with Banks. Writing in the Bank’s own organ, Financial …
