Month: October 2020

Understanding the Strategic Environment around China’s Digital Currency

China launched its Central Bank Digital Currency (CBDC) coined the Digital Currency/Electronic Payment (DC/EP) in April 2020, after a six-year research and development phase. Its launch was widely examined and reported, but there has been no significant piece on China’s experiment in the context of China’s economic status and international standing. This is what today’s …

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Digital Yuan Adoption: Taking a leaf out of the WeChat and AliPay playbook

Over the period of research we have undertaken into the Digital Yuan, the scale of preparation we have seen within China for this innovation has been breath-taking. Now some dimensions of this preparation are coming into public knowledge, one of the most unique amongst them being the adoption strategy. Recent statements by the Deputy Governor …

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How CBDCs Differ From Cryptocurrencies

The introduction of the Central Banking Digital Currency (CBDC), a consequential fintech innovation in the past decade, has triggered debates on what differentiates CBDCs and existing cryptocurrencies. This post will examine some of the major differences between CBDCs and cryptocurrencies, namely issuance, impact on the real economy and treatment of existing infrastructures such as banks. …

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