Chinese have a $50k yearly limit for moving money out of the country, so what are the options for moving more money away?
The $50k limit do not apply to domain names or cryptocurrencies for naming a few. That is why we have a domain name market which is rocketing, specially in appealing Chinese domains (all-number .com domains, 2, 3, and 4 letter.com), and crytocurrency volume is so high in Chinese markets
If we accept the premise that Chinese are currently buying cryptocurrency in order to “evade” from China and Yuan related issues, and that this is why the price is surging, why would they want a “digital yuan”?
The point is to escape to the Chinese system, and they do not seem to care going for USD.
We already have a “digital dollar”. The currency they like with the freedom they need.
The only thing that we should consider expanding is the liquidity on CNY pairs, which, as you can see have a really significant volume.
EDIT: Topic with most views in Chinese category is focused on liquidity tiers