China is racing to launch a global cryptocurrency that could rival Facebook’s
Facebook and China are both looking to develop global digital currencies that could rival each other, especially in emerging markets.
Read in CNBC: China is racing to launch a global cryptocurrency that could rival Facebook's
If U.S. regulators ultimately dismiss Libra and decide not to draft regulation to encourage Crypto innovation in the U.S., China’s [Central Bank Digital Currency] may be strategically positioned to become the de facto global digital currency in emerging economies, largely through Alipay, WeChat, UnionPay and other messaging & payment apps
Helloooo SAFE.