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Bank of Japan official is not concerned about Chinese CBDC potential dominance.

Bank of Japan official is not concerned about Chinese CBDC potential dominance.


Coinnounce
2020-10-17 10:17:39

According to the Japan Today report, no single digital currency will dominate global transactions if central banks strive to enhance their own settlement systems, a senior Bank of Japan official (BoJ) said, brushing aside fears China’s rapid progress on a digital yuan could upend markets. The People’s Bank of China has publicly said it aims […]


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