Facebook Libra

Building an integrated digital economy: How Asia can continue to thrive in the post-pandemic era

With the pandemic showing little signs of slowing and as countries around the world shift away from the traditional economy, academic Pei Sai Fan notes that this is an opportune time for Asia to boost its digital economic sector. Namely, there will be the opportunity to consider building a more integrated Asian digital economy and to promote Asian digital trade and a common digital currency.

Pei Sai Fan

16 Feb 2021

As China's digital currency moves ahead, can Facebook's Libra match up?

The People's Bank of China recently started pilot-testing a digital RMB in Shenzhen, Suzhou, Chengdu and Xiong'an New Area. Will this development threaten the US dollar's role as the world's reserve currency in the future? Meanwhile, Facebook and the non-profit Libra Association headquartered in Switzerland have been working towards launching a revolutionary cryptocurrency since June 2019. Although the shape of the project has changed, what will Libra be adding to the mix?

Emir Hrnjic

02 Jun 2020