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 UK Intelligence Chief Raises Concerns About Use of Digital Renminbi to Control Global Transactions December 13, 2021 Senators Introduce Bill to Limit Use of China’s Digital Currency in the US — ‘This Is a Major Financial and Surveillance Risk’ May 28, 2022 Europe’s Securities Watchdog Seeks Feedback on Regulations Ahead of DLT Pilot January 6, 2022
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