China Reaffirms its Digital Yuan Poses No Threat to the U.S. Dollar Dominance

Excitable commentators who say China’s digital yuan is a threat to the dollar should take the word of Chinese Central Bank Deputy Governor Li Bo, who said on Sunday that the country’s digital yuan isn’t an effort to displace the U.S Dollar. Therefore, with China set to become the first to issue a sovereign digital … Continue reading China Reaffirms its Digital Yuan Poses No Threat to the U.S. Dollar Dominance