News Snapshot:
- A + A (April 8): The global race to launch digital currencies is fiercer as central banks from more countries explore how to use the money of the future. In the competition, China has taken the lead thanks to an early start and abundant application scenarios aided by wide broadband coverage, which analysts said will help boost the internalization of the yuan against US dollar hegemony, Global Times reported. On Monday, the Bank of Japan said that it has been preparing for experiments on a Central Bank Digital Currency (CBDC) in early fiscal year 2021, to test the technical...
