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Voices/CBS News/China creates its own form of digital currency

CBS News

@CBSNews·7M subscribers·153.5K videos

China creates its own form of digital currency

Posted

April 9, 2021

Views

26,347

Likes

279

Comments

207

Engagement

1.84%

China creates its own form of digital currency · CBS News · Sentinel

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YouTube Description

as posted by the channel

In a first for a major economy, China has created its own form of digital currency. Some economists say this will boost the yuan's global presence and also potentially weaken the dollar. Emily Parker, managing director at Coindesk, joins CBSN's Tanya Rivero with a closer look at the potential impact.

CBSN is CBS News’ 24/7 digital streaming news service featuring live, anchored coverage available for free across all platforms. Launched in November 2014, the service is a premier destination for breaking news and original storytelling from the deep bench of CBS News correspondents and reporters. CBSN features the top stories of the day as well as deep dives into key issues facing the nation and the world. CBSN has also expanded to launch local news streaming services in major markets across the country. CBSN is currently available on CBSNews.com and the CBS News app across more than 20 platforms, as well as the Paramount+ subscription service.

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