Analysis | The central bank is accelerating the development of legal digital currencies in 2020

Produced by: Darwin Think Tank, Deding Innovation Fund, Digital Renaissance Foundation

Content Production: Amber, Tony

Review: a small eye is like a knife

On February 21, according to foreign media reports, the Swedish central bank announced on the 19th that the bank has begun testing a central bank digital currency, which means that the country has taken another step towards creating the world's first central bank digital currency.

Since October 24, 2019, General Secretary Xi Jinping has emphasized "taking blockchain as an important breakthrough in independent innovation of core technologies", and has put forward new requirements for the development of China's digital economy and industrial innovation practice.

At the same time, if the People ’s Bank of China is the first to issue digital currency, it will promote the fight for global financial highs. In the end , what is the progress of China ’s central bank digital currency? Why is the central bank issuing digital currencies? The positioning and characteristics of central bank digital currencies? What profound impact does the central bank's issuance of digital currencies have on ordinary people?

Read the video content of this article and listen to how Da Yue think tank, De Ding Innovation Fund partner Wang Yuehua, and Digital Renaissance Foundation managing director Cao Yin explained how to understand the latest central bank digital currency development.

The following is the full text (read the video click ):