China's CBDC already holds advantage over PayPal, Libra

2019-12-7 00:30

China is setting the wheels in motion to reduce the dominance of the US dollar. According to a recent report, it was revealed the Asian country was looking to amplify usage of its native fiat curreThe post China's CBDC already holds advantage over PayPal, Libra appeared first on AMBCrypto.

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Bitcoin’s meteoric rise, Facebook’s Libra will have China accelerate its digital currency project

It all started with the US launching an investigation of China’s trading policies in 2017, leading to the imposition of tit-for-tat tariffs on products by both the countries. As tensions between the two countries intensified, what many observed was an opportune moment for cryptocurrencies to replace the legacy institution.

2019-7-11 02:30