Senior Japanese official fears China being ‘first-mover’ in digital currency

Cointelegraph

Published Oct 09, 2020 06:25AM ET

Updated Oct 11, 2020 08:40AM ET

Japanese banking officials continue to voice concern over China’s progress in the development of its central bank digital currency.

Kenji Okamura, vice-finance minister for Japan’s international affairs, warned the global community of the potential risks of China’s digital yuan, Reuters reported Oct. 9.

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