Day: April 6, 2021

China Creates Its Own Digital Currency, a First for Major Economy A cyber yuan stands to give Beijing power to track spending in real time, plus money that isn’t linked to the dollar-dominated global financial system

A thousand years ago, when money meant coins, China invented paper currency. Now the Chinese government is minting cash digitally, in a re-imagination of money that could shake a pillar …

China Creates Its Own Digital Currency, a First for Major Economy A cyber yuan stands to give Beijing power to track spending in real time, plus money that isn’t linked to the dollar-dominated global financial system Read More »

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