Date:
Signage of the Chinese digital currency is seen near a coffee store in the New Actuation Fintech Center in Beijing on Feb. 17, 2022. Jade Gao/AFP via Getty Images
Commentary
China’s push for a yuan-backed stablecoin is less about innovation or global finance and more about extending the Chinese Communist Party’s (CCP’s) digital surveillance and control, making it unlikely to displace the dollar or deliver true financial freedom.
The Alliance Press is the world leader in online chained news and information and seeks to inform, engage and empower the world. We expose the information that wasn't known before or current events broadcast over the radio, television, online or in print media. Our content is now available through your mobile phone. No matter where your on-the-go lifestyle takes you, TAP brings the news directly to you.
More from CN
Contact
© The Alliance Media Group design by CODEUS
