China’s former CBDC chief is under government investigation

China investigating Yao Qian, the former head of the Digital Yuan project.
Local media reports say Yao is under probe for “violations of discipline and law.”Yao Qian, a leading Chinese blockchain expert who previously spearheaded China’s Digital Yuan program, is reportedly under government investigation.The Digital Yuan is a central bank digital currency (CBDC) project that sparked other countries towards similar efforts. 
Local media reports say China’s anti-graft