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Tag Archives: US-China

Digital Yuan As Potential Challenge to Global Economic Order

Dec 6, 2021

Olusegun Ogundeji

Japan is calling for a ramp up of efforts toward issuing a digital currency to somewhat be in readiness for China's digital yuan rollout which a global capital market insider says could be "the largest risk to the US national security and the West."  The Japanese government has reported...

On US Falling Behind China Regarding Blockchain Payment 

Aug 1, 2021

Olusegun Ogundeji

A top executive of the first cryptocurrency fund in the U.S. has said that China is years ahead of the U.S. in terms of blockchain payment. Pantera Capital CEO, Dan Morehead, told Yahoo Finance that he agrees that the U.S. system is falling behind China which has been leading wi...

US Reps Highlight Likely Digital Dollar’s Edge Over Yuan

Jun 16, 2021

Olusegun Ogundeji

How a U.S. digital dollar could gain an edge over China’s yuan was the topic of discussion on Tuesday June 15 in the US House of Reps.  Several experts were on hand to testify before the House Committee on Financial Services Task Force on Financial Technology regarding “Dig...

China Trying to Dominate Blockchain, Control Digital Universe

Apr 16, 2021

Olusegun Ogundeji

In the wake of Coinbase’s historical debut as the first crypto company to make its stock market debut through a direct listing on the Nasdaq on Wednesday April 14, a former Trump administration Trade and Manufacturing Policy assistant Peter Navarro has argued on Wednesday that China is...

China’s CBDC Push Now Seems to Worry US

Apr 15, 2021

Olusegun Ogundeji

There are indications that China’s being poised to be the number one major economy to issue a central bank digital currency is now a concern for the US government going by a Bloomberg report which says US officials are eager to know how the digital yuan would be distributed. Citing anony...