Mu Changchun is leading the development of China's CBDC project. It’s considered one of the most advanced major CBDCs. MostInfluential2022, presented by bitstamp:
by this October. At the start of the year, the Chinese had opened 261 million e-CNY wallets, according to the latest PBOC data.
Mu has the job title, but by all accounts he serves at the pleasure of President Xi Jingping. As Xi consolidated his power in the latter half of 2022, two other key players in the PBOC with ties to the e-CNY project appear to have been cast aside.
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