Digital Currency May Be China's Payment Future

China may encourage the development of its own secure digital currency controlled by the government rather than blockchain technology to reduce payment and settlement costs. Bloomberg Intelligence's Alex Gardner has more on "Trending Business." (Source: Bloomberg)

Full Show: Bloomberg Daybreak: Americas (08/14)
23:36 - Bloomberg Daybreak: Americas hosted by David Westin, Jonathan Ferro, and Alix Steel. Guests include Fred Hochberg, former chairman of Export-Import Bank of the U.S., Bob Sinche, global strategist at Amherst Pierpont Securities, and Michael Shaoul, chairman and chief executive officer at Marketfield Asset Management. (Source: Bloomberg)
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