Financial War: China Unleashes Digital Yuan, America Responds, Europe Commits Suicide with Bureaucracy - Economic Scenarios

Digital Yuan Strategy Shifts As China Targets Blockchain-Powered Trade Finance » News.ng

China is advancing its digital yuan initiative with a strategic shift toward international use, announcing the launch of a new cross-border operations hub in Shanghai. The move was confirmed by Pan Gongsheng, Governor of the People’s Bank of China, during the Lujiazui Forum held on June 18. The centre will serve as a pilot platform for blockchain-powered trade finance and will play a central role in streamlining cross-border payments using the d…

Financial War: China Unleashes Digital Yuan, America Responds, Europe Commits Suicide with Bureaucracy - Economic Scenarios

The war for the future of global finance has officially begun. While Europe sabotages itself with Byzantine regulations, China and the United States are accelerating in a ruthless race to define who will write the rules of money in the 21st century. Two opposing visions of the world, two aggressive strategies that risk leaving the Old Continent, and with it Italy, watching from the sidelines. China Unleashes the Power of Digital Yuan and New Fin…