China's Latest Digital Currency Trial Is Its Most Important Yet

More money, more participants, more participating banks and merchants – a look inside the latest DC/EP trial in Suzhou.

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This episode is sponsored by Crypto.com, Nexo.io and this week’s special product launch LVL.co.

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Today on the Brief:

COVID-19 vs. Stimulus
Small hedge funds outperform large brethren
Equities now worth 115% of global GDP

Our main discussion: Why the newest trial of China’s central bank digital currency is its most important trial yet.

In this episode, NLW discusses:

The significance of the “Double 12” shopping festival
How the participant merchants have changed
Comparison of the size of the lottery
Changes in public interest
Why it matters to the crypto industry

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