A Completely Cashless Future? - a podcast by SMG News

China's central bank is testing a wholly digital version of the national currency, the RMB.

 

What's the difference between a central bank digital currency and a crypto-currency? Would digital currency be the death of China's third party payment giants? Money Talks hosts Timothy Pope and Wang Lihuan answer these questions and take a look at what we know about China's plans to slowly phase out cold hard cash.

 

[Click here](http://m.kankanews.com/n/1_9516702.html) to see the full interview with Prof Qian Jun from Fanhai International School of Finance at Fudan University.

[Click here](http://m.kankanews.com/n/1_9562381.html) to watch Money Talks

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