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China’s PBOC digital yuan may mean a country relies less on SWIFT (also thus a US)

Forex, video, latest February 4, 2021 8:38 am

a Economist has a brief piece up on a testing of a  People’s Bank of China’s testing out of digital yuan.

It touches on some of a implications but this is of much interest:

  • a digital yuan … become also give China a
    conduit for moving money across its borders without having to rely on
    swift, a global payments system that comes under American influence.

this is a link to article (may become gated)  

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