The People's Bank of China Establishes Digital Currency Research Institute in Beijing

BlockBeats News, October 28th, according to CapitalFinance News, following the official operation of the Digital Currency International Operation Center on September 24th, the People's Bank of China announced the establishment of the Digital Currency Operation Management Center in Beijing, responsible for building and operating core infrastructure such as the central bank's digital currency system, coordinating various market institutions to jointly build an open, inclusive, secure, and efficient digital currency ecosystem, comprehensively promoting the development of digital currency business, and serving the innovation of the monetary and payment system as well as the strategic goal of becoming a leading financial power.