The head of Huawei believes that China can launch an analogue of Libra before Facebook

According to the CEO of Huawei, one of the largest telecommunications companies in the world, China may become a competitor to Facebook by releasing its own digital currency before the popular social network..

During a press conference in Italy, Ren Zhengfei, answering a question about the global hegemony of the United States, said that China could create an analogue of Libra without waiting for it to do so.  someone else. Since the country has more power than the internet company.

The head of Huawei believes that China can launch an analogue of Libra before Facebook

The head of Huawei did not specifically point to his company, which actively uses blockchain in its activities, but sought to celebrate the country’s achievements in this field..

His words once again confirm the seriousness of the intentions of the People’s Bank of China to accelerate the development of national digital currency to counter Libra, which the Chinese government perceives as a potential threat to the country’s financial system.

The head of Huawei believes that China can launch an analogue of Libra before Facebook

text: Ivan Malichenko, photo: imza

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