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The Digital Yuan, Where Are We Now? Latest Developments.

The Digital Yuan or DCEP is having and will have tremendous importance, not only for China but globally. For China, because, if successful, the Digital Yuan will become an effective domestic tool not only for facilitating consumers’ retail payments, but also to enhance the yuan as a payments currency in the global financial system.

In this piece, Dr Oriol Caudevilla will focus on summarizing a few relevant ideas on the Digital Yuan as well as the latest news on the topic.

Oriol Caudevilla
Oriol works as a Management Consultant at AirHelp, Advisor for a Hong Kong-based FinTech company, ixFintech, Strategic Advisor at a Hong Kong-based WealthTech company, ETFCool, Strategic Advisor at ScallopX and FinTech Mentor at F10 Incubator & Accelerator, Singapore. Oriol is member of the Blockchain, Digital Banking and Greater Bay Area Committees at the Fintech Association of Hong Kong (FTAHK), as well as the Singapore Fintech Association (SFA). He is Fellow at the Digital Euro Association (D€A) and at the Singapore University of Social Sciences (SUSS), and Member of the Advisory Council at the Blockchain Council.