An official from China's foreign exchange regulatory body has suggested the potential use of "programmable features" within China's Central Bank-Backed Digital Currency (CBDC) to bolster the effectiveness of monetary policy tools. China, alongside several other nations, is diligently working on the development of CBDCs, digital tokens issued and regulated by central banks, although their widespread adoption remains in its early stages.... Read More: China's FX Minister Suggests CBDC Programmability for Macroeconomic Management
