China’s Digital Yuan
The People’s Bank of China has commented that its digital currency is “close” to completion. Alex talks about the impact this could have on China’s $27 trillion payments industry as well as use of the yuan globally.
This is an excerpt from episode 40 of Winner Take All. Watch the full episode here: youtu.be/ErgoDyivpS0
Alipay, Tencent Beware: China’s Digital Yuan Is Closing In: www.bloomberg.com/news/articles/2019-10-24/alipay-tencent-beware-china-s-digital-yuan-is-closing-in
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