• Home
  • Login
  • Register
The Central Bank Digital Currency Insider
  • Home
  • Map
  • Reading Library
  • CBDC Think Tank
  • Partners
    • DEA
SUBSCRIBE
No Result
View All Result
  • Home
  • Map
  • Reading Library
  • CBDC Think Tank
  • Partners
    • DEA
No Result
View All Result
The Central Bank Digital Currency Insider
No Result
View All Result

Beyond the Cashless Society: Chinese Professors Explain Central Bank Digital Currency

by CBDC Insider Staff
June 12, 2020
in Asia, Business
Reading Time: 1min read
0
Beyond the Cashless Society: Chinese Professors Explain Central Bank Digital Currency
Share on FacebookShare on Twitter

RELATED STORIES

Why EU Regulators, Policymakers Are Betting on a Retail CBDC

Why EU Regulators, Policymakers Are Betting on a Retail CBDC

July 4, 2022
Bank of Thailand Governor Is Seeing No Urgency For A Central Bank Digital Currency

Bank of Thailand Governor Is Seeing No Urgency For A Central Bank Digital Currency

July 4, 2022

China, where, despite a massive population, third-party mobile payments penetrate every aspect of daily exchange, is leading the race in another form of development, namely the drive towards a central bank digital currency.
A People’s Bank of China-backed (PBoC) digital currency, known as the Digital Currency Electronic Payment (DCEP), was put into trial use at the beginning of 2020 as a product of research that was first disclosed in 2014. The bank’s project is not trivial here: it wants to replace cash with its ‘digital yuan’ in the long term, and it is building a stellar payment infrastructure to support that plan.

Continue read: https://equalocean.com/financial/20200612-beyond-the-cashless-society-chinese-prof-explain-central-bank-digital-currency

Previous Post

Congressman calls for more transparency from the Fed on central bank digital currency work

Next Post

Blockchain Firm Pitches CBDC Operating System to Bank of England

Next Post
Blockchain Firm Pitches CBDC Operating System to Bank of England

Blockchain Firm Pitches CBDC Operating System to Bank of England

© 2022 CBDC Insider

No Result
View All Result
  • Home
  • Map
  • Reading Library
  • CBDC Think Tank
  • Partners
    • DEA
  • Login
  • Register