CEO of ant group: digital currency is a positive increment for ant group, not a negative decrement

0
46

What is the impact of digital RMB on the future development of ant group? Hu Xiaoming, chief executive officer of ant technology group, said that the Central Bank of the digital currency is positioning M0 and implementing double-layer operation. Alipay and other mobile payment wallets are financial infrastructures, while the digital renminbi is the payment tool and the content of the wallet. The issuance and circulation of digital RMB involves all aspects of society, and it also needs the joint efforts of the people’s Bank of China and other institutions. This is also in line with the two-tier operation principle proposed by the central bank. In the process of R & D of digital RMB, e-commerce banks are deeply involved. So digital currency is a positive increment for ant group, not a negative decrement.