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Emerging markets need more say on digital currencies: Chinese official

By Staff Writer

Oct 29 2019 1:02PM

Could facilitate illegal capital flows and disrupt foreign exchange management.

Emerging markets need more say on digital currencies: Chinese official

Governments in emerging markets must have greater say in the regulation of digital currencies that could facilitate illegal capital flows and disrupt foreign exchange management, a senior official of China's foreign exchange regulator said on Monday. China has signalled it is actively embracing ...

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