A lot of eyes are on the Chinese central bank. The institution has confirmed it will launch a digital yuan “soon’, and some more details have come to light this week. Creating a new stablecoin pegged to the yuan will not be an easy feat. Especially if that yuan continues to be devalued by the Chinese central bank every so often. The Digital Yuan Might be Pseudonymous That said, the Chinese Digital Currency Research Institute has a clear vision in mind. In their opinion, they need to protect the privacy of users, while still enforcing strict regulatory guidelines. That will
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