Digital currency push in Pacific, Outlook for China post-US election

Banking , Comment , Conferences, Seminars, Forums , Finance , News ࢀ" By admin on October 28, 2020 at 6:26 AM Digital currency push in Pacific, Outlook for China post-US election Wednesday 28 October 2020 ࢀ" Vol.11 Ed.44.3 Commentary: Digital currency push in Pacific By Bhavin Patel in London Lotte Schou-Zibell, regional director at the Asian Development Bank, discusses the benefits and challenges of introducing central bank digital currencies in small islands. CBDC can enable financial inclusion and give unbanked communities opportunity to create credit history, critical for access to services offered by financial institutions. Pacific islands share many similarities…