China’s CBDC to Target Private Sector Dominance

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Chinese Transportation Giant Didi Chuxing to Trial DCEP 350x209 1

With China’s central bank digital currency (CBDC) project still in progress, there are speculations that the digital yuan could be used to water down the dominance enjoyed by major players like Alibaba and Tencent. China’s CBDC Looking to Even Out Competition  According to a report by the Financial Times, some sources revealed that the People’s

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