CBDC unmasked: The “whys” behind China’s Central Bank Digital Currency
Published in
8 min readNov 23, 2020
Why is China adding fuel to accelerate the development of its Central Bank Digital Currency? What are the motivations behind CBDC?
An inside look into China’s CBDC
Since 2014, the People’s Bank of China has committed significant resources into researching the potential of launching a Central Bank Digital Currency (CBDC). Despite the enormous legal system and public policy framework challenges, after six years, in May 2020, pilot run of CBDC had finally taken place…
