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China's e-CNY Research Institute Takes Off, Assembling All-Sta | Crypto Retro

China's e-CNY Research Institute Takes Off, Assembling All-Star Panel

China's central bank digital currency (CBDC) is about to get a major boost with the launch of the e-CNY Research Institute. The inauguration took place at the prestigious "2024 Second e-CNY Industry Sustainable Development Seminar" in Suzhou, where industry experts gathered to celebrate this groundbreaking initiative.

Acting as a think tank for the digital yuan, the institute is all about rational pragmatism and conservative innovation. By adopting a collaborative approach, it aims to tap into market dynamics and ensure the sustainable growth of China's digital currency landscape.

The unveiling ceremony was led by none other than Mu Chu, editor-in-chief of MPayPass, and Wu Wenjun, who proudly accepted his role as Secretary-General of the e-CNY Research Institute. Together, they presented certificates to an impressive lineup of experts from banking giants like ICBC to tech titans like Tencent and Huawei.

With representatives from various sectors, including academia and media, this diverse group will focus on everything from research and project development to standard setting and talent cultivation. Their mission? To foster collaboration and drive the digital yuan's evolution.

The institute wasted no time in getting down to business. On April 19, they'll hold a kickoff meeting to chart their strategic course and lay out their methodology. By sharing success stories, recognizing excellence, evaluating projects, and hosting engaging events, they're determined to make a lasting impact on China's digital currency landscape.