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Zhou Xiaochuan talks about the two-tier system of digital currency: the need to improve technology through second-tier institutional competition

author：Straight Flush Finance

On October 22nd, at the 2021 Financial Street Forum "Financial Street. At the "Ten Years and Vision 2022 Special Event", Zhou Xiaochuan, vice chairman of the Boao Forum for Asia and former governor of the central bank, talked about some of the current discussions and debates around digital currencies. For the digital currency two-tier (operational) system, he said that most countries have now accepted that there are three directions for the next step, including the need to continuously improve the technology and select the optimal technology through the competition of the second-tier institution and the enhancement of versatility. (Shell Finance)

Zhou Xiaochuan
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