Central bank digital currency (CBDC) is a digital form of fiat currency issued by a country’s central bank. During the COVID-19 epidemic, the development of CBDC has gained speed and is currently in the testing and modelling phase in several countries. Digital currency, including CBDC and Libra, involves not only monetary instruments and payment, but also data and identity. There are many new issues ranging from security and privacy to data flow. What are the different approaches to CBDC and Libra? What does it mean for the regulators, businesses, the general public and other stakeholders? What is the future of business in the digital currency era? How can we reap the benefits and address the challenges? Join the panel as they discuss major opportunities, challenges of CBDC and possible solutions.
This event is co-hosted by the Herbert Smith Freehills China International Business and Economic Law (CIBEL) Centre and Koguan Law School, Shanghai Jiao Tong University (SJTU).
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