China hypes its CBDC as tariff war threatens yuan

As a way to project confidence into FX markets amid trade wars, China defended its yuan with claims that its CBDC is booming.
As a way to project confidence into FX markets amid trade wars, China defended its yuan with claims that its CBDC is booming.
After Donald Trump decided they weren’t a good idea, Ripple scrubbed years of its work on a US dollar CBDC.
President Donald Trump has issued an executive order that purports to “promote United States leadership in digital assets.”
The China CBDC scam uses ‘dividends’ to trick users into sharing the app while also directing them to tools capable of seizing their funds.
Banks experimenting with SWIFT’s interlinking CBDCs include the Hong Kong Monetary Authority and the National Bank of Kazakhstan.