A banner promoting China’s digital yuan trial is displayed at the Suzhou North High Speed Train Station on December 21, 2020. Photo: Orange Wang A banner promoting China’s digital yuan trial is displayed at the Suzhou North High Speed Train Station on December 21, 2020. Photo: Orange Wang
A banner promoting China’s digital yuan trial is displayed at the Suzhou North High Speed Train Station on December 21, 2020. Photo: Orange Wang
Fiorenzo Manganiello
Opinion

Opinion

Macroscope by Fiorenzo Manganiello and Nessim Sariel-Gaon

How China’s digital currency is leading the race to displace bitcoin and other cryptocurrencies

  • As governments grow increasingly wary of cryptocurrencies, centralised digital currencies are seen as a way to streamline key activities and preserve public trust
  • China’s success with its digital yuan is pushing the rest of the world to create their own digital currencies, putting cryptocurrencies under pressure

A banner promoting China’s digital yuan trial is displayed at the Suzhou North High Speed Train Station on December 21, 2020. Photo: Orange Wang A banner promoting China’s digital yuan trial is displayed at the Suzhou North High Speed Train Station on December 21, 2020. Photo: Orange Wang
A banner promoting China’s digital yuan trial is displayed at the Suzhou North High Speed Train Station on December 21, 2020. Photo: Orange Wang
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Fiorenzo Manganiello

Fiorenzo Manganiello

Fiorenzo Manganiello is an investor and co-founder of LIAN Group. He is also a professor at the Geneva Business School.

Nessim Sariel-Gaon

Nessim Sariel-Gaon

Nessim Sariel-Gaon is an investor and co-founder of LIAN Group.