China’s digital yuan displaces the dollar
by David P. Goldman, The Duran: In his annual letter to JP Morgan shareholders, bank chairman Jaime Dimon offered a startling admission: Banks already compete against a large and powerful shadow banking system. And they are facing extensive competition from Silicon Valley, both in the form of fintechs and Big Tech companies (Amazon, Apple, Facebook, […]
Source: https://www.sgtreport.com/2021/05/chinas-digital-yuan-displaces-the-dollar/
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