4 reasons why Beijing is pushing digital renminbi and the problems e-CNY may create
4 reasons why Beijing is pushing digital renminbi and the problems e-CNY may create
Udumbara
0
4 reasons why Beijing is pushing digital renminbi and the problems e-CNY may create
Beijing has been planning to implement digital Renminbi or e-CNY for years. After two years of pilot programs, some local governments have adopted digital RMB as the official payment method. What does the CCP want to achieve from e-CNY or digital yuan? And what problems do we see in the new currency?
1. What’s digital Renminbi or e-CNY?
2. Beijing’s 4 agendas
3. Potential problems with e-CNY
