Ba Shusong, Chief Economist, Hong Kong Stock Exchange: The digital renminbi can be used in the “Lai Caitong” Big Bay area.

2021-1-19 02:59
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According to 21 Finance and Industry, Ba Shusong, chairman of the Hong Kong Stock Exchange and chief financial officer of China, attended the Asian International Financial Forum on Jan. 18, claiming that the digital yuan can be used in Guangdong-Hong Kong-Macau. In the future, the Taiwanese "Li Chaitong". The digital renminbi is traceable and thought to address issues that need to be resolved face to face, such as KYC (Know Your Customers) in the traditional process. Ba Shusong said that the wholesale model of CBDC (Central Bank Digital Currency) is generally used for large and small financial transactions of banks or related financial institutions, when the sales models of CBDCs focus on the needs of customers. clients. shooting scenario. It is also noted that about 10% of the world central bank has reached the experimental stage of improving digital returns. If the land renminbi generator can be used for cross-border driving in Taiwan, it will boost international renminbi trade and help strengthen renminbi income through digital results tracking.

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