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China Should Take Part in Creating Regulatory Framework for Digital Currency, Xi Says

Chinese President Xi Jinping addressing students of MGIMO, on March 23, 2013 in Moscow (via Shutterstock).

Credit: Shutterstock

David Pan

Chinese President Jinping Xi said China should proactively participate in creating the international regulatory framework on digital currency.

  • “We need to take advantage of the momentum and accelerate the digitalization of various fields including our economy, society and government, as well as proactively participate in creating the international regulatory framework on digital currency and digital tax,” Xi said in his statement on Saturday titled Issues on National Medium and Long-Term Social and Economic Strategies. 

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