China CBDC Deal with ASEAN & Middle Eastern Nations – Real?
China CBDC deal rumors have been circulating recently claiming a major expansion of the digital yuan to about 10 ASEAN and also 6 Middle Eastern countries. These somewhat alarming reports about China’s CBDC deal suggest an imminent shift in global payment systems, but is there actually any truth to them at this point in time? Also Read: De-Dollarization: 5 Oil Giants Now Settling in Yuan, Not USD How China’s CBDC Deal with ASEAN and Middle Eastern Countries Could Shape the Future of Digital Currency Source: Alamy The claimed China CBDC deal would certainly transform blockchain technology adoption across various regions, but actually examining the available facts right now reveals a somewhat different story about CBDC adoption in ASEAN and Middle Eastern countries than what’s being reported. The Facts Behind the China CBDC Reports Several reports about a China CBDC deal have mysteriously disappeared from their original sources, which is definitely worth noting. Ledger I...