Mu Changchun: Facebook and Libra have not started business in China for the time being, and there is no regulatory problem yet.

On November 6th, at the Financial Technology Week in Hong Kong, Mu Changchun, director of the Central Bank’s Institute of Digital Money Research, said in a roundtable discussion entitled “Central Bank Digital Currency” that since Facebook and Libra did not conduct business in China for the time being, There are currently no regulatory issues. But he also stressed that China has banned ICO from issuing digital currency to the public in 2017.