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Santa Monica Travel & Tourism Announces Staff Promotions - Santa Monica Daily Press
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Doris Duke Charitable Foundation CIO Jeffrey Heil to Retire | Chief Investment Officer
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Jason Mayden and Kate Aronowitz to join FORTUNE Brainstorm Design Conference as Guest Co-Chairs
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China s E-Yuan Could Be Largest Threat to West, as US Slow to Develop Digital Dollar - Report © REUTERS / Dado Ruvic
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Sputnik International
https://sputniknews.com/us/202107261083461106-chinas-e-yuan-could-be-largest-threat-to-west-as-us-slow-to-develop-digital-dollar -report/
Analysts widely believe that the dollar s status as the world s primary reserve currency is safe for the time being, as it is held by more central banks and significant financial institutions for international transactions and investments than any other currency, but its domination is increasingly being challenged.
China is outperforming the US in terms of online money innovation, posing a threat to the dollar s standing as the de facto monetary reserve, CNBC reported, citing researchers from the Federal Reserve Bank of Boston and MIT’s Digital Currency Initiative.