LIBOR is not the only issue area where policymakers globally have been active throughout the summer. Activity levels have remained elevated throughout August regarding central bank digital currency (CBDC) issues.
Without a doubt, the most active and advanced country on the planet deploying experimental CBDCs is China. It is not possible to understand the sweep of public policy regarding CBDCs without understanding the depth and breadth of activities underway in China.
A deep dive into Chinese CBDC policy -- and related implications -- was just published with co-author Hung Tran by the Atlantic Council today.
You can read the entire post here:
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