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Is China’s Embrace Of Blockchain A Warning Shot To The West?

Posted by seumasach on November 10, 2019

Epoch Times

3rd November, 2019

China has high ambitions for its state-controlled digital currency.

I wrote two months ago that its central bank digital currency could be imminent. And since foreign adoption of the yuan has been tepid so far, the technology also represents a massive bid to accelerate the internationalization of yuan.

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