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BREAKDOWN: China's Latest Digital Currency Trial Is Its Most Important Yet

Author
CoinDesk
Published
Mon 07 Dec 2020
Episode Link
https://www.coindesk.com/china-latest-digital-currency-trial

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

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