February 4, 2021

editorial

CHINA: Digital currency is a hedge against dollar supremacy

BY Gabriel Wildau

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( 5 mins) Among global central banks, the People's Bank of China (PBoC) has been among the most aggressive in research and development of a blockchain-based digital currency, including at least 130 pending patent applications. Beijing appears to have diverse motivations, including technological leadership, better visibility into payment transactions, and a hedge against risks from dependence on the […]

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