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cryptonews 2021-08-20 13:00:00

Digital Yuan May Prompt CBDC-to-CBDC Exchanges, Hurt USD Status - Chainalysis

As the Chinese government clamps down on decentralized cryptocurrencies and seeks to launch its own central bank digital currency (CBDC), the digital yuan, industry observers believe the move could pave the way for the launch of CBDC-to-CBDC exchanges. At the same time, the digital yuan and other CBDCs to be rolled out by other countries could hurt the dollar’s

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