China’s digital currency project: why you should pay attention now (Premium)
Psst – look over here! While the financing and collateral worlds are waiting for year end market disruptions in the short-term, the biggest story on the medium-term horizon is China’s discussed launch of a digital currency. For financial markets, repo dislocations are not good, the threat of a global recession is bad and Brexit is awful, but a digital yuan could grow to be a fundamental game changer.
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