While Congress balks at crypto regulation, our adversaries push for market dominance

In the global race to digital market dominance, Washington’s competitors are gaining speed. This September, Russia will launch its digital ruble, a state-controlled currency intended to facilitate trade beyond the reach of Western sanctions. China has already acted. On Jan. 1, Beijing upgraded its digital yuan from a cash substitute to an interest-bearing “digital deposit […]
Source
Washington Examiner
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