The global focus continues to shift toward China’s digital currency plans. Despite a genuine lack of information, it certainly poses many different threats. Rumors regarding a digital yuan have persisted for years now. China’s Digital Yuan is More Than Just a CBDC Only a few months ago, it became apparent this was more truth than fiction after all. The Chinese government is banking big on blockchain. One of the potential use cases is to create a tokenized yuan. It will become the first central bank digital currency to make any impact. Under the hood, this digital yuan makes use of
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