It’s Official: China’s Digital Yuan To Target US Dollar Dominance

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It’s Official: China’s Digital Yuan To Target US Dollar Dominance

The central People’s Bank of China (PBoC) confirmed that it is ready to take center-stage on a “new battlefield” of competition between sovereign nations based on digital fiats – and claims its own new token could help break “dollar dominance.”
The PBoC has been relatively cagey about its digital yuan project, which is already in advanced testing stages, but  Read more »
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