ONCE viewed with suspicion, digital currencies have gained wider acceptance since the Covid-19 pandemic started. One is China, where its central bank People’s Bank of China has just launched pilot projects on digital currency and is working with the Bank of Thailand and Hong Kong Monetary Authority on the initiative. The global hype in cryptocurrency investment, meanwhile, has come under restraint from the regulators but with the pandemic – a number of Asian companies have embraced the crypto innovation in hope of riding out of the economic slump. To help people understand the government-backed digital currencies and the future of cryptocurrencies further, The Star will co-host a webinar entitled “The rise of Govcoins & What’s next for crypto” this Thursday, July 22, 2021, at 10am. Registration is available at https://us02web.zoom.us/webinar/register/4916263173191/WN_LaWquMD2ROaxPkccdsC4QgYou can also listen live on Clubhouse at https://www.clubhouse.com/event/M8ZWK53bDigital currencies have gained wider acceptance since the Covid-19 pandemic started.

Source: The Star July 18, 2021 00:33 UTC