With its launch approaching, will the Chinese digital yuan outperform other currencies?


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The Peopleࢀ™s Bank of China is expected to launch a digital version of the yuan late this year, and the project is being accelerated, in response to the emergence of Facebookࢀ™s digital currency, Libra, and the outbreak of the Coronavirus. In an article published by the US Foreign Policy Research Institute website, the writer Robert Murray said that the Peopleࢀ™s Bank of China conducted experimental tests in at least 4 cities, with the participation of American companies, and despite the conduct of various countries on the establishment of digital currencies for central banks, China was able to Significant progress in…