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WSJ: What China’s New Digital Currency Tells Us About a Cashless Future
Category : Blockchain and Cryptocurrency
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WSJ Jan 8-2021: China is testing a digital yuan, aiming to accelerate the replacement of cash and increase state control in a society where digital payments via Wechat Pay and Alipay are already the norm. Here’s what Beijing’s new system looks like—and how it would work. Photo credit: Florence Lo/Reuters
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