China is pitching the digital yuan as a way to soften the power of US sanctions, which are increasingly being used against Chinese companies and individuals (James T. Areddy/Wall Street Journal) –

James T. Areddy / Wall Street Journal:
China is pitching the digital yuan as a way to soften the power of US sanctions, which are increasingly being used against Chinese companies and individuals  —  A cyber yuan stands to give Beijing power to track spending in real time, plus money that isn’t linked to the dollar-dominated global financial system

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