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While the world dithers, China prepares to unleash a digital currency Wang confirmed the PBOC and the Hong Kong Monetary Authority have begun testing the currency for cross-border use and there is now more intense ...
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The digital yuan is China's digital currency that will replace the yuan in its physical form Unlike Bitcoin, Ethereum, and other cryptocurrencies, the digital yuan is a digital currency plain and simple. Instead of promoting a decentralized and ...
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WEF Summit: Digital Currencies are Empowering Panelist Irene Arias, Chief Executive Officer at IDB Lab, discussed digital currencies and blockchain utilization in Latin America. Professor Long Chen ...
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Yuan hits 2-week high before paring gains as investors watch dollar moves Earlier gains in the yuan were tracking a softer dollar, currency traders said. The greenback hit a two-week low against a basket of currencies after ...
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China's digital currency experiment will be a lesson for other central banks China has strict controls over its capital flows. And while the yuan has the status of being a reserve currency in the eyes of the International Monetary ...
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Will China's new digital yuan threaten King Dollar's reign? While China has geopolitical incentive to unseat the dollar as the world's reserve currency, it's not clear that a digital yuan will support that goal, experts ...
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CANADA FX DEBT-Canadian dollar hits 1-week low as commodity currencies slide "The commodity currencies began today's session under pressure after overnight activity, and this theme has largely continued through the day as well ...
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Dethroning US dollar a tough ask for China's digital currency John Lee Will China's launch of the digital currency electronics payment, or DCEP, the world's first sovereign digital currency, threaten the ascendancy of the US ...
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