Will China’s cryptocurrency beat Libra?

Next, China’s long rumoured and oft-discussed cryptocurrency moves closer to launch. The rumuored go-live date is November 11^th and Facebook’s Libra is the target. About a two-minute read.

Comment: Even as Facebook’s Libra coalition is falling apart, China’s focus and drive to launch what would easily be the world’s largest Sovereign Cryptocurrency intensifies and accelerates. Is this further evidence global economic power and influence is shifting to The East? In one word: YES.