Just-In: Architect of China’s CBDC Calls For More Web3 Development
Yao Qian, a key developer in China’s central bank digital currency (CBDC) project, called on the Chinese government to increase the development of web3 technology. In an academic article, Qian said strengthening web3 research was important to China’s future internet infrastructure. Qian had led the People’s Bank of China’s digital currency initiative. He then served
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