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China’s Digital Currency Raises Privacy Concerns

After the massive business disruption due to the COVID-19 pandemic, China seems to bring a new concern in front of the digital audience. Digital yuan is a hundred-percent trackable currency issued by China’s central bank, which is a significant drawback. After its launch, its usage will impact users within the country and the companies operating in China. Though China is the first nation in the world to introduce a digital currency, it brings significant privacy concerns. Watch this video at Wall Street Journal to learn more about digital currency and its impact on the economy.

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