China and a digital renminbi
China is set to be the first major economy to launch a central bank digital currency. The People’s Bank of China has confirmed it will pilot a digital renminbi in several districts, followed by a wider roll-out in 2022. Mu Changchun, head of the Digital Currency Research Institute at the People’s Bank of China, gives an overview of this pilot programme, discussing the parameters of the experiment and the central bank’s policy objectives.
08:00-09:00 (New York)
This meeting will be conducted under the OMFIF Rules.
This virtual discussion is part of the OMFIF Digital Monetary Institute. OMFIF, the global central banking think tank, proudly announces the launch of the OMFIF Digital Monetary Institute on 5 May. The OMFIF Digital Monetary Institute creates a high-level college which convenes key policy-makers, technologists, financiers and regulators to explore the challenges, opportunities and implications of digital finance in the 2020s. See more information on OMFIF’s DMI here.
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