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This is starting to get very interesting, really fast. Who would have thought that ... cooperation ... might lead to progress? https://t.co/g8ex3WYn9A
— Danny Crichton (@DannyCrichton) June 16, 2020
This is why the US and Europe can’t just wait and see on digital currencies:
— Josh Lipsky (@joshualipsky) June 15, 2020
“10 members proposed a plan to create a digital currency consisting of the Chinese yuan, Japanese yen, South Korean won and Hong Kong dollar.”
https://t.co/G9VsSXJbXo
China takes battle for cryptocurrency hegemony to new stage
— Charles Mok 莫乃光 (@charlesmok) June 15, 2020
Beijing backs private-sector-led East Asia digital money in challenge to UShttps://t.co/L2jzlT42Ey
The Chinese government is expected to endorse a new cryptocurrency backed by a basket of Asian currencies including the digital yuan, marking a new stage in international competition over digital currency adoption, @NAR reports: https://t.co/lOtdEuiOCT
— Reconnecting Asia (@ReconAsia) June 16, 2020
Nikkei Asian Review https://t.co/L3huHNCunK "calls are expected in the U.S. and other nations for closer cooperation between monetary authorities and technology companies to help develop a cross-border digital dollar or a counterpart such as a cross-border pound" #DigitalSterling
— Socially-Distanced Dave Birch (@dgwbirch) June 15, 2020
“China is rushing to build a payment network independent of the dollar” https://t.co/blVKlfj90q
— Vikram Mansharamani (@mansharamani) June 14, 2020
China takes battle for cryptocurrency hegemony to new stagehttps://t.co/I6cXfVOk4N
— Nikkei Asian Review (@NAR) June 14, 2020
The Chinese government is expected to endorse a new cryptocurrency backed by a basket of Asian currencies including the digital yuan, marking a new stage in international competition over digital currency adoption, @NAR reports: https://t.co/lOtdEuiOCT
— Reconnecting Asia (@ReconAsia) June 16, 2020
#CBDC #DCEP #DSR #DigitalYuan China takes battle for cryptocurrency hegemony to new stage - Nikkei Asian Review https://t.co/pXToq5WWOy
— Paul Triolo (@pstAsiatech) June 15, 2020
Plan to create a digital currency consisting of the Chinese yuan, Japanese yen, South Korean won and Hong Kong dollar. #CBDC #DLT https://t.co/cVd2YWz7bG
— Matt Case (@matthewryancase) June 15, 2020
Smart move by China with far reaching implications
— Belt and Road & Beyond (@BeltandRoadDesk) June 15, 2020
At a meeting of the CPPCC, a political advisory body, in BJ from May 21, 10 members proposed a plan to create a digital currency consisting of the Chinese yuan, Japanese yen, South Korean won & HK dollar
https://t.co/kgoCyEipaM
Global competition for supremacy in digital currencies has entered a new phase with China's creation of an East Asia cryptocurrency scheme https://t.co/owDBwPvpXw
— Tom Quiggin (@TomTSEC) June 15, 2020
Brilliant!!! China is introducing a regional, blockchain-based, digital currency that will be backed by Chinese Yuan, Japanese Yen, and Korean Won!
— CaliCali2000 (@CaliCali2000) June 14, 2020
Strategic move that also reflects China's philosophy of harmony (NOT hegemonic like US dollar).https://t.co/U3xBBFPBIo
#China plans pan-#Asia digital currency to rival Facebook’s #Libra:
— Urs Bolt ?? (@UrsBolt) June 16, 2020
The proposed #DigitalCurrency would be based on a currency basket incl. ?? RMB, ?? Yen, ?? Won, ?? $.@AdrianaHamacher, @decryptmedia: https://t.co/tPvLEUj9cE #currencywar #geopolitics #geoeconomy HT @mattysino pic.twitter.com/vtbs5OamzX
#China is taking the fight for #cryptocurrency supremacy to the world stage. A private-sector led plan to create a pan-Asian digital currency to rival Facebook’s #Libra, and challenge the supremacy of the dollar, reportedly has the backing of Beijing,https://t.co/sKpWinxvec
— Crypto Emporium (@CryptoEmporium_) June 16, 2020
“The proposed digital currency would be based on a basket of currencies including the Chinese yuan, Japanese yen, South Korean won and Hong Kong dollar”
— Ian Northing (@Ianbins) June 16, 2020
China plans pan-Asian digital currency to rival Facebook’s Libra - Decrypt https://t.co/tWLNcdLug5
China is dead keen on a pan-Asian digital currency to rival Facebook's Libra, and eat into the primacy of the greenback.
— Adriana Hamacher (@AdrianaHamacher) June 15, 2020
But will Japan, South Korea and Hong Kong play ball? https://t.co/n9ffzWQblz
Thanks to @mattysino and @dgwbirch
“‘The CPPCC proposal, for us, acts as an indirect confirmation of our thesis that one of the primary drivers of DCEP is an ambition to disrupt USD hegemony,’ Matthew Graham, CEO of Beijing-based blockchain investment firm Sino Global Capital told Decrypt.”https://t.co/5KEF5YIHux
— Matthew Graham (@mattysino) June 15, 2020
The Chinese government is expected to endorse a new cryptocurrency backed by a basket of Asian currencies including the digital yuan, marking a new stage in international competition over digital currency adoption, @NAR reports: https://t.co/lOtdEu1dej
— Reconnecting Asia (@ReconAsia) June 16, 2020
Potentially big news!
— Ross Dawson (@rossdawson) June 16, 2020
Chinese council proposes creating an East Asian digital currency comprising the Chinese, Japanese, South Korean and Hong Kong currencies
Could support trading bloc, rebalance global reserve currencies as shift to digital
HT @Techmeme https://t.co/iN9T8507GU