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China Opens e-CNY Research Institute, Appoints First Expert Panel

The e-CNY Research Institute has been inaugurated to support advancements of China’s central bank digital currency (CBDC). According to a recent report by MPayPass, the institute was unveiled at the “2024 Second e-CNY Industry Sustainable Development Seminar” in Suzhou, where industry experts gathered to mark the occasion. The e-CNY Research Institute would function as a think tank composed of experts committed to rational pragmatism and conservative innovation. On April 19, the Institute convenes a kickoff meeting to outline its strategic direction and methodological approach. This gathering will focus on setting tangible goals and mapping out the institute’s future initiatives.

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