China has spent five years preparing to launch the digital yuan, which might happen in a matter of months. But bankers and financial industry professionals surveyed at an industry conference in October still believe the United States will be the first to create a global digital currency.
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Vive the digital euro?
French Finance Minister Bruno Le Maire and ECB board member Benoît Coeure call for the EU to create its own digital currency
Shortly after calling for a ban on Facebook’s Libra cryptocurrency, French Finance Minister Bruno Le Maire suggested the European Union should create its own digital currency.
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To quote Chairman Mao: "Where in the Red Book did I say anything about issuing tokens without backing assets?"Tether takes on Chinese government’s currency monopoly because why not?
Asking for big trouble in big China
One of the worst kept secrets in crypto has finally to fruition: Tether is launching a stablecoin tied to the Chinese yuan.
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Binance: Official Chinese stablecoin close
Global influence is a goal of the People’s Bank of China cryptocurrency; Binance will work closely with regulators on its Venus stablecoin
Top cryptocurrency exchange Binance released its own predictions about China’s forthcoming stablecoin.
