China Makes Big Move for Internationalization of Yuan

China’s international payments system, which would allow cross-border transactions in its currency Yuan, is poised to launch later this year, as reported by Reuters. CIPS (China International Payment System) would be a big step in internationalizing the usage of the Chinese curr ...

To continue reading, sign up for MEDICI Inner Circle and get free access for 7 days.
100,000+ FinTech professionals trust MEDICI Inner Circle to stay up to date on the latest in financial services.