This year the e-RMB has been granted new powers: to pay a yield, and to incentivize behavior. This sets a reference point, if not a template, for the rest of the world.
Policy in money: China’s CBDC
This year the e-RMB has been granted new powers: to pay a yield, and to incentivize behavior. This sets a reference point, if not a template, for the rest of the world.