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Fed Chairman Says The U.S. Is Not Competing With China on Central Bank Digital Currency (CBDC)

source-logo  coingape.com  + 4 more 29 April 2021 04:00, UTC

The Chinese central bank – People’s Bank of China (PBoC) – has expedited its efforts on launching its central bank digital currency (CBDC) Digital Yuan. However, the U.S. isn’t quite worried at this point regarding the development of China’s CBDC, said Federal Reserve Chairman Jerome Powell.

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