The People’s Bank of China emphasized the Mbridge platform’s role in improving cross-border payments through the use of central bank digital currencies (CBDCs), aiming to reduce inefficiencies and avoid new barriers. The platform, which targets underserved regions like ASEAN, could reshape global finance and challenge the U.S. dollar’s dominance while requiring careful coordination to maintain […]
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Yen Rescue Could Fuel a Bitcoin Rally
Key TakeawaysArthur Hayes published his “Yen-quake” essay on Substack on August 10.Japan and the GPIF pension fund hold a combined...
