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Tag Archives: CBDC

China’s Digital Yuan to Test in Petty Payment First

Aug 19, 2020

Vincent He

A director of the technical department of a bank in China’s Suzhou revealed that the current digital currency application in Shenzhen and Suzhou is mainly concentrated in small-scale scenarios such as retailing, public transportation card recharge, catering. The application scenarios for C...

Ways Firms Can Seize Opportunities With China’s DC/EP Rollout

Aug 5, 2020

Olusegun Ogundeji

Firms that are timely prepared for the rollout of China’s digital currency electronic payment (DC/EP) project stand to benefit in about five ways from the effect it will have on the global economy, two authors have shared on the London School of Economic Business Review blog page. Jem...

Former CSRC Chief Says Digital Stocks Are Set to Follow CBDCs

Jul 16, 2020

While most of the world is still focused on getting central ban digital currencies off the ground, some of the most influential voices in China are already thinking about what the next step in the blockchainification of the country will be. Aside from the intensive efforts being done in China on...