US Decision to Freeze Afghanistan s Assets Will Lead to Inflation, Hurt Poor, Central Bank Warns sputniknews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sputniknews.com Daily Mail and Mail on Sunday newspapers.
The Bangko Sentral ng Pilipinas (BSP) has identified the Philippine Peso Real-Time Gross Settlement (PhP-RTGS) payment system, which it owns and operates, as a systemically important payment system (SIPS). This means the PhP-RTGS as SIPS is a payment system “which poses or has the potential to pose
Global banking regulator plans to hold consultation on crypto exposure cointelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cointelegraph.com Daily Mail and Mail on Sunday newspapers.
‘Trojan Horse’: Kyle Bass Warns China Will Use Digital Yuan to Export Tech Authoritarianism
The Chinese regime is using its new state-controlled digital currency as a Trojan horse against western democracies and the free world needs to outlaw it, warned hedge fund manager Kyle Bass.
“I think that the digital RMB [renminbi] is the largest threat to the world as it exists today,” Bass said in an interview with The Epoch Times’ affiliate NTD on April 8. Bass is the founder and chief investment officer of Dallas-based Hayman Capital Management.
On Thursday, China’s hawkish state-run outlet Global Times proudly proclaimed that Beijing has taken the lead in the race between governments to roll out their own sovereign digital currency, given its work on “relevant standards and legal framework.” The article boasted that the digital yuan (also known as renminbi) will help challenge “U.S. dollar hegemony.”
The Week Ahead: Attention centred on February inflation rate theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.