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Hedge Fund CIO On China's Crypto Crackdown: Beijing Is Desperate To Ensure Successful Rollout Of Their Digital Yuan

September 27, 2021
Source: google.com google.com
News Snapshot:
Hedge Fund CIO On China's Crypto Crackdown: Beijing Is Desperate To Ensure Successful Rollout Of Their Digital Yuan By Eric Peters, CIO of One River Asset Management “When you and I grew up, half the world was covered in communism,” said the CIO. “Global markets and international business provided the keys to liberate the human potential stifled by that system,” he continued. “When we started in the business, there weren’t vast pools of human capital moving piles of paper. But those days are done.” Too much of society has become financialized, optimized. Such a structure leads to corrupt incumbents, fragility,...
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Tags: bank | Bank of China | Beijing | bitcoin | blockchain | Business | capital | China | CIO | communism | crackdown | crypto | currency | Dollar | E-CNY | Economy | ESG | Ethereum | export | Exports | finance | fintech | Renminbi | technology | Yuan

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