China and U.S.A. going opposite directions on CBDCs .... wonder why?
The U.S. Congress has banned the FED from creating a CBDC until December 31, 2030. https://www.cointribune.com/en/the-u-s-congress-hides-the-digital-dollar-in-a-housing-bill-banning-cbdcs-until-2030/
China just added 26 financial institutions to its digital yuan - e-CNY network to expand cross-border digital payments with players in Singapore, Thailand, Hong Kong, the United Arab Emirates, and Saudi Arabia. https://thenextweb.com/news/china-signs-up-26-financial-institutions-for-digital-yuan-cross-border-payments #global finance #DigitialCurrency #DigitalYuan #DigitalDollar #USA #China #CBDC #FederalReserve #e-CNY #CrossBorderPayments #DigitalPayments #GlobalFinance #Currency #CentralBankDigitalCurrency


