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Bitcoinist
2022-10-17 01:30:55

China Seeks To Reduce Dependence On Dollar, Proposes To Issue An Asian Yuan

China Seeks To Reduce Dependence On Dollar, Proposes To Issue An Asian Yuan

Amid the ongoing global CBDCs adoption, China proposes an Asian-wide digital currency to reduce the continent’s economic reliance on the US dollar. USD is unquestionably the most widely used international currency. The International Monetary Policy is also based on the US dollar. Many countries’ economies rely on the USD for international trade and exchange, while […]

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