#China's #digitalcurrency could help it internationalize the yuan, and bypass the dollar-based SWIFT network, Sharnie Wong and Francis Chan of Bloomberg Intelligence write bloomberg.com/professional/b…
15 centuries after #China invented banknotes, the nature of money is set to fundamentally change, writes @JKynge, and the digital yuan is far more than just a medium for exchange ft.com/content/751180…
`Once a digital yuan is introduced, that’s going to be one of the biggest risks in crypto,' @PhillipGilles13 tells @ossingerj #Bitcoin bloomberg.com/news/articles/…
`As China’s marketing for the digital yuan kicks into high gear, an English-language animation circulated online by @CGTNOfficial shows a man in an American-flag shirt knocked out by a golden coin depicting digital yuan,' write @jamestareddy @TByGraceZhu wsj.com/articles/china…
#China has never intended to replace the U.S. dollar as the preferred international payment currency, says Zhou Xiaochuan #digitalyuan bloomberg.com/news/articles/…
`#China’s long-standing ambition to challenge the dollar’s hegemony in global commerce hasn’t gone anywhere,' writes @andymukherjee70 #digitalyuan bloomberg.com/opinion/articl…
`This time things really could be different,' writes @choyleva ft.com/content/efa3ec…
It is very unlikely that the US Treasury would choose to let Swift be disintermediated, given its geopolitical significance, writes @gilliantett ft.com/content/913421…
'What might emerge are two monetary systems — a western and a Chinese one — operating in different ways and overlapping uncomfortably,' says @martinwolf_ ft.com/content/f18cf8…
The resilience of Russia’s payments system is a rare win for President Vladimir Putin in his financial war with the West wsj.com/articles/russi…
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