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US Federal Reserve Bank Chairman Jerome Powell

China’s Yuan Cryptocurrency Set to Roll. Is Dollar Ready For Digital Challenge?

There is an increasing demand for developing a digital dollar by the central bank amid reports of advances in China's efforts to form a digital yuan. Reports say the Chinese central bank could launch the digital currency as early as this year. The thinking among some experts is that an analog currency will fail to meet the requirements of a fully digital economy in the near future.

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