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Chi­na’s Cen­tral Bank Dig­i­tal Cur­rency Could Drive Dis­in­ter­me­di­a­tion of Bank Ac­counts: JD.com Fin­tech Re­searcher

by CBDC Insider Staff
June 29, 2020
in Asia, Business
Reading Time: 1min read
0
Chi­na’s Cen­tral Bank Dig­i­tal Cur­rency Could Drive Dis­in­ter­me­di­a­tion of Bank Ac­counts: JD.com Fin­tech Re­searcher
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A se­nior re­searcher from the fin­tech ve­hi­cle of e-com­merce gi­ant JD.com says Chi­na’s up­com­ing Cen­tral Bank Dig­i­tal Cur­rency (CBDC) could re­move the ne­ces­sity of bank ac­counts for pay­ments pur­poses.
In an in­ter­view with JRJ.com pub­lished on 29 June Jin Tian (金天), se­nior re­searcher from the JDD re­searcher , high­lighted sev­eral out­stand­ing fea­tures of Chi­na’s CBDC, in­clud­ing:

Continue read: http://www.chinabankingnews.com/2020/06/29/chinas-central-bank-digital-currency-could-drive-disintermediation-of-bank-accounts-jd-com-fintech-researcher/

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