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China's Latest Digital Currency Trial Is Its Most Important Yet
More money, more participants, more participating banks and merchants – a look inside the latest DC/EP trial in Suzhou.
More money, more participants, more participating banks and merchants – a look inside the latest DC/EP trial in Suzhou.
STORY CONTINUES BELOW
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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.
This episode is sponsored by Crypto.com, Nexo.io and this week’s special product launch LVL.co.
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.
Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.
Nathaniel Whittemore
NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.
