China’s Latest Digital Currency Trial Is Its Most Important Yet

Breakdown-12.7-China-digital-currency
7 December 2020

More money, more participants, more participating banks and merchants – a look inside the latest DC/EP trial in Suzhou.

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This episode is sponsored by Crypto.com, Nexo.io and this week’s special product launch LVL.co.

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Today on the Brief:

  • COVID-19 vs. Stimulus 
  • Small hedge funds outperform large brethren 
  • Equities now worth 115% of global GDP 

Our main discussion: Why the newest trial of China’s central bank digital currency is its most important trial yet.

In this episode, NLW discusses:

  • The significance of the “Double 12” shopping festival 
  • How the participant merchants have changed
  • Comparison of the size of the lottery
  • Changes in public interest
  • Why it matters to the crypto industry

See also: JD.Com Says It’s Accepting China’s Digital Yuan for Latest Lottery

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

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