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China to Showcase Digital Yuan at Summer World University Games


Student athletes from around the world will get the chance to use China’s digital yuan in July, with the CBDC put to use at the Summer World University Games in Chengdu. Per the Chinese media outlet The Cover, the games will become the first “major international sports event” to “officially...

Chinese Police Warn of a Rise in Digital Yuan-themed Scams


Chinese police have warned there has been an increase in digital yuan-themed scams, as the nation’s CBDC rollout gathers pace. Per the state-run news outlet CCTV (via Xinhua), officers in Shandong Province claimed they had seen a rise in digital yuan-themed “fraud.” They said one recent scam...

Russian Banker Predicts End of Dollar Dominance as Global Power Shifts


Russia’s second-largest bank’s chairman has predicted the end of U.S. dollar dominance. He believes that the Chinese yuan will replace the U.S. dollar as the dominant currency. “I think that the time has come when China will gradually remove currency restrictions,” he noted, adding that...

De-dollarization: Is it really happening?


In our latest Cointelegraph Report, we analyze the causes leading to the decline of the U.S. dollar as the world reserve currency and its potential implications

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