Nomura Research Institute, Kimi Tony: The digital currency issued by the Central Bank does not have to replace the privately issued currency.

According to the Guangzhou Daily News, on November 23, at the 16th annual global conference of the International Finance Forum (IFF), Nomura Research Executive economist Mu Nei Deng revealed that the digital currency issued by the Central Bank does not have to replace the private issue. Money will not inhibit the innovation of new forms of money, but no matter which side is issued, the original intention of each party will become one of the most important problems in the future.