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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.

By Nathaniel Whittemore
AccessTimeIconDec 7, 2020 at 8:00 p.m. UTC
Updated Sep 14, 2021 at 10:39 a.m. UTC
Breakdown 12.7 - China digital currency
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global event for everything crypto, blockchain and Web3.Register Now

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.

Download this episode

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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