Skip to content
RollCall logo

Podcasts

China is introducing a digital yuan: Here’s what a state-backed cryptocurrency could mean for the U.S. dollar

The Digital Redback, Ep. 29

By Micaela Rodríguez
Posted November 19, 2019 at 4:45am

China has sent shockwaves through the global financial system announcing that its central bank would soon introduce a digital version of its domestic currency, the yuan. Fintech Beat sits down with key IMF officials to learn about what a state-backed ‘cryptocurrency’ means for the yuan as a potential rival to the dollar.

 

Recent Stories

Sen. Darline Graham, R-S.C., poses for photos with Rep. Joe Wilson, R-S.C., and a supporter wearing a hat and necklace made of okra before the start of the Lexington Health Irmo Okra Strut Parade in Irmo, S.C., on Saturday. (Bill Clark/CQ Roll Call)

Photos of the week | September 25-October 1, 2026

Republican Rep. Derek Schmidt, here at the Capitol in September, represents Kansas' 2nd District, a new Democratic target.

House Democrats grow more bullish about midterms as target list expands

The Supreme Court is pictured Sept. 15. (Tom Williams/CQ Roll Call)

Guns, voting and immigration on deck for Supreme Court

The presidential limo known as "The Beast" rolls into the factory floor as President Donald Trump visits the Peterbilt Motors truck plant in Denton, Texas, on Thursday.

‘Pain in the ass’: Trump again shows annoyance with Paxton after leaked audio

Sens. Tim Scott and Elizabeth Warren greet David Slade, nominee for a top Export-Import Bank post, after a confirmation hearing on Thursday. (Tom Williams/CQ Roll Call)

Rare out-of-session hearing draws top Banking Democrat’s ire

Sen. Tammy Duckworth, D-Ill., co-sponsors the legislation reversing a decade of Medicare payment policy that made it too expensive for many seniors to buy ultra-lightweight manual wheelchairs. (Bill Clark/CQ Roll Call)

Bill easing seniors’ wheelchair upgrade costs clears Senate