China is the first nation that issued a digital version of its national currency. Will the Crypto Renminbi play a role in business transactions between Chinese and western companies and what is actually known about the crypto version of China’s Renminbi?
More and more central banks consider to issue digital forms of their currencies. So-called Central Bank Digital Currencies (CBCD) could play an interesting role in the crypto ecosystem. But what would be the possible effects that the introduction of CBCDs could have?