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Sheila Warren Expects ‘Tremendous Activity’ on China’s Digital Currency in 2021

by CBDC Insider
December 23, 2020
in Business
Reading Time: 1min read
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Sheila Warren Expects ‘Tremendous Activity’ on China’s Digital Currency in 2021
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In this edition of Forkast Forecasts, the head of Blockchain, Data and Digital Assets and member of the Executive Committee of the World Economic Forum shares her views on sovereign digital currencies, and the global regulatory landscape.

“We began the year launching our CBDC Policy-Makers Toolkit in Davos in January, which feels like an eternity ago. And at that time, that was pretty novel for a lot of people, the fact that we had put a lot of energy and time into developing something as a toolkit for policymakers not questioning the premise. But really saying ‘CBDCs are something everyone should be looking at if you’re a central bank,’ and ‘here’s how you evaluate whether it makes sense for you or not, here’s a framework to help with that.’ And we moved from [those] still early days conversation into what’s going on with China and DCEP, and then Cambodia’s [Project Bakong], and the Sand Dollar in the Bahamas. So this is now real. These experiments are really taking shape, and that’s really exciting.”

Read more: https://forkast.news/world-economic-forum-shiela-warren-cbdc-defi-china-dcep/

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