Chinese Researchers Propose Asian Digital Currency to Reduce Reliance on US Dollar

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Chinese Researchers Propose Asian Digital Currency to Reduce Reliance on US DollarExperts from an economic institute in China have circulated the idea of creating a blockchain-powered digital currency that could lower Asia’s reliance on the greenback. The initiative comes against the backdrop of an expanding digital yuan pilot, and after recent trials of cross-border payments with state-issued digital currencies in the region. China Suggests Minting Asia-Wide […]

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