Understanding China's Digital Currency
4:00
Bloomberg.comBloomberg News
Understanding China's Digital Currency
While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with -- and control of -- a rapidly digitizing economy. Trials and tests are underway in several cities, with the Covid-19 pandemic and need for social distancing ...
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