Could China Dethrone The U.S. Dollar With A Digital Yuan?

SKIP AD >>>

The U.S. dollar remains the world’s de facto monetary reserve, but with China going full speed ahead with its digital yuan, that could be in jeopardy. Researchers are digging into regulated online money called Central Bank Digital Currencies, or CBDCs, and what that could look like in the U.S.» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassicAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC#CNBCCould China Dethrone The U.S. Dollar With A Digital Yuan?

Record-breaking bomb cyclone lashes West Coast Breaking News

The San Francisco Bay Area is recovering from what’s being called the strongest storm to hit the region in more than 25 years. Record rain, howling winds and mudslides caused widespread damage from southern California to the Pacific Northwest. David Be…

Moderna says COVID vaccine effective in 6 to 11-year-olds Breaking News

Millions of children under the age of 12 could be eligible for a COVID-19 vaccine in just a matter of weeks. Moderna says a low dosage of its coronavirus vaccine is safe and appears effective in kids age 6 to 11. Meanwhile, an FDA committee will meet T…

Severe weather threatens millions across the nation Breaking News

Residents on the East Coast are now bracing for the season’s first nor’easter, as severe weather threatens tens of millions of Americans from the Pacific Northwest to New England. CBS news lead national correspondent David Begnaud reports on the impact…

Race for New Jersey’s next governor heats up Breaking News

The New Jersey gubernatorial election is next week and the race is tightening as Democratic Governor Phil Murphy runs or a second term in office against Republican businessman and former state legislator Jack Ciattarelli. Both candidates sat down with …