News Snapshot:
China’s SWIFT three way partnership reveals Beijing eyeing world digital foreign money use, to internationalise yuan 2021-02-04 15:00:11 A three way partnership between the world’s largest digital fee messaging system and the division accountable for China’s proposed central financial institution digital foreign money is being seen as an indication that Beijing is exploring the worldwide use of its deliberate sovereign digital foreign money and aiding its want to internationalise the yuan.Calls have been rising from inside China for Beijing to scale back its reliance on the US greenback by growing the worldwide use of the yuan amid deteriorating relations with...
