China floats idea of ‘Asian yuan’ to reduce reliance on US dollar Post author:MiamiCrypto Post published:October 14, 2022 Post category:Asia / asia region / asia wide currency / asian currencies / asian yuan / CBDC / China / Digital token / Distributed Ledger Technology / DLT / regional currency The proposed distributed ledger technology-backed “Asian yuan” token would supposedly help reduce Asia’s dependence on the U.S. dollar for international business. You Might Also Like Reserve Bank of Australia to Pilot Digital Currency, Explore Use Cases August 10, 2022 Head of the State Duma’s Financial Market Committee: National Digital Currencies to Be Considered for Bilateral Settlements Between China and Russia September 5, 2024 China returns as 2nd top Bitcoin mining hub despite the crypto ban May 17, 2022
Head of the State Duma’s Financial Market Committee: National Digital Currencies to Be Considered for Bilateral Settlements Between China and Russia September 5, 2024