Bankers: Issuing digital currency, central bank's control efficiency will improve

According to China Business Daily, a person from a bank in North China revealed to reporters that after the digital currency is issued, the money on the customer's account should be divided into two parts, one is the money actually stored in the bank, and the other is the digital currency. But how much digital currency can have an impact depends on the application scenario. Only when the business scenarios are rich enough, the applicability of digital currencies can be good. The issuance of digital currencies will increase the efficiency of central bank regulation, because the use of digital currencies will shorten the effective time of instructions and increase controllability.