According to the study of Tencent, the largest investment company in the world, the majority of China economists are ready to support the release of the Central Bank’s digital currency (CBDC) based on the blockchain tied to Yuan.
The analytical center of the Holding interviewed 100 leading economists from banks, universities and research centers. The purpose of the study was to study the opinions of experts regarding future monetary and fiscal policy, the structure of the population, the stock market and other directions of the country’s development.
On the question of the prospects for cryptocurrencies, 51% of economists have answered that they will support the central bank if the government wants to release a digital analogue of the Yuan, and 40% categorically against. Although supporters of such a decision are not much more than opponents, but the document says that experts note the growth of electronic payments and the use of virtual assets, as well as the availability of difficulties in cash operations. Therefore, it is believed that in the future it will be difficult to avoid the effect of digital currency.
Despite the negative attitude of the Chinese government to cryptocurrency, the government openly supports the blockchain and actively develops this direction. For distributed registers, expert opinions were divided. According to the survey, 33% of economists called the blockchain important technology, 32% do not distinguish it from among other innovations, 19% consider it insignificant.
Recall that the Central Bank of Great Britain, Canada and Singapore in the autumn last year