Kiffmeister’s FinTech Daily Digest (07/09/2020)

China’s CBDC Project to Collaborate With More Domestic Enterprises
Meituan and Bilibilibili have apparently both begun to cooperate with a number of banks involved in the digital Yuan project. Meituan is a major service platform with over 240 million consumers and five million local merchants, and Bilibilibili is China’s largest video sharing website.

The causes and consequences of mobile money taxation
This GSMA paper looks at the subject of mobile money taxation through the lens of taxation and development. With a focus on four sub-Saharan countries where mobile money transaction taxes have been proposed, it seeks to understand what the motivating forces are for these taxes and identify some of the unintended consequences. These have implications on the attainment of financial inclusion and wider development goals.

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