digital-rmb
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Digital RMB vs SWIFT: China’s alternative international payment system

China’s digital RMB is causing the BRICS countries and many others in the Global South to question the continued utility and viability of long-entrenched Western system of financial domination. The Chinese renminbi (RMB) is the official currency of China, and it also has a digital equivalent known as the e-CNY (or Digital Currency Electronic Payment, DCEP), Continue reading