New Head of China’s Digital Currency Says It Beats Facebook Libra on Tech Features

The Chinese central bank has a new digital currency chief who says its upcoming digital yuan has features not offered by Facebook Libra. “Its functional attributes are exactly the same as paper money, but it is just a digital form,” Mu said. Perhaps most notably, he set out some of the digital currency’s technical aspects, and compared it with Facebook’s Libra.

Read About China’s Libra Alternative