China Central Bank Launches Digital Yuan International Push From Shanghai
Key Points
- China's central bank governor announced plans to promote the...
Pan Gongsheng just delivered what might be the most polite "Dear Dollar, it's not you, it's us" speech in financial history. Speaking at the Lujiazui Forum on June 18, China's central bank governor announced plans to turbocharge the digital yuan's international rollout and build a multipolar currency system that could make the greenback sweat a little.
The Digital Yuan's Shanghai Debut
China's setting up an international operation center for the e-CNY in Shanghai, which is basically like opening a flagship store for your cryptocurrency in the world's financial mall. This isn't just about...
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