That's why China created the Digital Yuan for overseas trade. | Hacker News

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		thewileyone on Sept 26, 2022 \| parent \| context \| favorite \| on: America Has Lost Its Oil Buffer That's why China created the Digital Yuan for overseas trade.

bobthepanda on Sept 26, 2022 [–]

Digital Yuan are currently not approved for international use. And they seem to be subject to the exact same Chinese capital controls that traditional CNY are subject to, if I’m not mistaken.

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