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Central bank digital currency in an historical perspective

Monetary transformations through history have been driven by changing technology, changing tastes, economic growth, and the demands to effectively satisfy the functions of money. This column argues that technological change in money and finance is inevitable, driven by the financial incentives of a market economy, and identifies four key lessons central banks could learn from
United Kingdom United States Adam Smith International Monetary Fund Central Bank Digital Currency Federal Reserve Bank
Source: voxeu.org

China: WeiyangX Fintech Review

China: WeiyangX Fintech Review Hotels of the HUAZHU Group in Shanghai Will Now Accept Digital RMB Payments From May 21st, all hotels of HUAZHU Group in Shanghai will be able to accept digital RMB payment. According to HUAZHU, digital RMB will be accepted when guests check in at the reception or by themselves at a kiosk. Since the pilot has just been launched, HUAZHU has received an average of 3 orders in digital RMB every day. ( Source: Hotels of the HUAZHU Group in Shanghai Will Now Accept Di...
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