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How the digital yuan could change the world… for better or worse

How the digital yuan could change the world… for better or worse
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Can I Invest in the Digital Yuan?

The rise of China s digital yuan, or e-CNY, poses a significant challenge to the dominance of the US dollar in global trade settlements, signaling a potential shift in the world s financial landscape.

United statesMao zedongRichard turrinIntroducedthe chinese central bankChinese central bankCentral bankPeople bankDigital currency electronic paymentDigital currency revolution sputnikUnited states federal reserveDigital chinese yuanWhat doesYuan lookYuan wallettheForeigner useWechat pay

ECB Says Cash Not Fit For Digital Economy, Dismisses CBDC Privacy Concerns

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

United statesJerome powellHillr arkZhou xiaochuanChristine lagardeRichard turrinJoe bidenPeople bankEconomics of central bank digital currency authorsEuropean central bankEuropean unionHouse committee on financial servicesFederal reserveCentral bank digital currencyPresident joe bidenDigital transformation

ECB Says Cash Not Fit for Digital Economy, Dismisses CBDC Privacy Concerns

In the digital economy, cash is no longer a useful tool, and a CBDC is the “only solution” to continue the existing monetary system, the ECB says.

United statesJerome powellHillr arkZhou xiaochuanChristine lagardeAndrew moranRichard turrinJoe bidenInternational monetary fundEuropean central bankFederal reservePeople bankSociety for worldwide interbank financial telecommunicationsCurrency composition of official foreign exchange reservesEconomics of central bank digital currency authorsEuropean union

Bitcoin Won t Replace the Dollar—but China s Digital Currency Might

Commentary In 2009, bitcoin, the world’s first decentralized digital currency was created. Designed to replace the U.S. dollar, .

New yorkUnited statesChen fengSouth africaUnited arab emiratesAr riyaSaudi arabiaNew south walesEric adamsPhilip pilkingtonJack dorseyJohn mac ghlionnDarren taylorRichard turrinNew york postNew york city