Imagine a world where you can loan money, access credit markets, trade both financial and non-financial assets, margin trade or even invest in a managed fund, all without financial institutions acting as intermediaries. Instantly and globally. How? Through Decentralised Finance.
China could be one of the first countries to release its digital currency. There is more to this than meets the eye, and could be a major strategic shift in both capital flows and local usage of non-sovereign cryptocurrencies, alongside China’s national currency.