Ant Group Pivots To Work With The People’s Bank Of China In Releasing Its E-Yuan

In a bid to surpass the financial dominance of the U.S., the People’s Republic of China is doubling down to develop its e-yuan that has been years in the making. Arguably, no financial ally in China is bigger than Ant, and Jack Ma’s company has confirmed that they have partnered to create a platform that will support the People’s Bank of China’s digital currency upon its release...