China May Ramp up Digital Currency Progress to ‘Fend off Risk’ from US

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China May Ramp up Digital Currency Progress to ‘Fend off Risk’ from US

The coronavirus pandemic has disrupted China’s economy, but not its digital currency plans. And amid reports that the country is nearing a major breakthrough in its plans to launch a digital fiat, one of the project’s key figures is urging caution lest American rivals steal a march on the Middle Kingdom.
In a research paper published by media outlet STCN, the central  Read more »
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