Reuters: Mu Changchun announces global rules for central bank digital currencies

According to Reuters, on March 25, Mu Changchun, director of the Financial Currency Research Institute of the China Digital Currency Research Institute, presented recommendations on the international monetary control policy of the Chinese Central Bank (CBDC) at a meeting of the Bank. international regulations. and explained: CBDC cash flows need to be "in sync" so that regulators can "monitor compliance". Mu Changchun said cooperation should be achieved through the CBDC system in many ways.