China's central bank on hiring spree to expand e-CNY digital currency trial
The People’s Bank of China said it would expand the scope of use of China’s digital fiat currency this year.
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The People’s Bank of China said it would expand the scope of use of China’s digital fiat currency this year.
As Russia is hit by a spate of sanctions from around the globe, a group of U.S. lawmakers ...
Advances in 5G mobile communications, China’s digital currency and cloud infrastructure services help anchor Beijing’s latest Olympic hosting duties.
These CBCDs, which will soon include the Russian rouble, are likely to finance a good deal more bilateral trade, thus weakening the US dollar’s role in trade. While the dollar will still carry weight as a transaction currency in which countries invest their international reserves, the balance of power seems destined to shift.
The Beijing Winter Olympics is the latest trial of China’s digital currency and the first time visitors from overseas can use it via smartphones and wearable payment devices.