Kentucky legislators introduce bill to attract
crypto miners
UBS lowers the threshold for charging savers
because of negative interest rates
Our main discussion: What
China’s prospective nationalization of Alibaba has to do with the
nation’s digital currency efforts.
In this episode, NLW:
Gives a background on China’s digital currency
project
Discusses why the DCEP is motivated by a larger
attempt to internationalize the RMB
Background on Alipay, Ant Financial and
Alibaba
How Alibaba founder Jack Ma annoyed the CCP and
why he hasn’t been seen publicly in two months
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A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of The Breakdown Network.