Central Bank Digital Currency (CBDC) has emerged around the globe, as one of the key themes in financial technology development which could profoundly change how central banks manage both liquidity and physical cash.
China is set to become the first country to develop its national digital currency, or “digital currency/electronic payment” (DCEP), with pilot schemes being carried out in multiple cities including Shenzhen, Chengdu, Suzhou, and the Xiong’an New Area this year.
Continue read: https://www.ejinsight.com/eji/article/id/2476285/20200528-Will-Hong-Kong-launch-its-own-digital-currency
