Fintech Expert: As CBDC Continues to Advance Other Tokens Will Grow Narrower

According to Beijing Business News, fintech expert Su Xiaorui, on the other hand, expects that subsequent moves related to the cryptocurrency circle will move underground or offshore, which will in turn increase the operating costs of mining and coin speculation. However, from the perspective of the various policies “blocking” Bitcoin, speculating on virtual coins is not in line with the mainstream trend, but also brings great risk to your own funds. As the central bank’s digital yuan project continues to advance, the development path of the official digital currency is becoming clearer, and the space for other “tokens” and “virtual coins” to develop will become narrower and narrower.

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