China has expanded its central bank digital currency pilot program to include the payment of tax, stamp duty and social security.
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IMF Warns Russia Sanctions Threaten to Undermine US Dollar Dominance
Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. currency, according to a high-ranking official at
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US exceptionalism could be tested as digital assets find footing worldwide — Sheila Warren
“Innovation is going to flow to where it can thrive the most, and actively trying to block it is going to encourage it to head
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Blockchain Association policy head: US shouldn’t compete with China’s CBDC using surveillance tools
“We will not compete against China — an authoritarian dictatorship — by also acting like an authoritarian dictatorship,” said Jake Chervinsky.
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Republican lawmakers introduce bill targeting China’s CBDC on sanctions, privacy
“This bill holds China accountable as they introduce their new digital currency,” said Senator Bill Cassidy.
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US lawmakers issue warnings about digital yuan as Winter Olympics kicks off
“Do not accept any digital yuan,” said Minnesota Representative Tom Emmer in a tweet aimed at Team USA athletes competing in China.
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