Is China Poised to Nationalize Alibaba?

<p><span style="font-weight: 400;">Today on the Brief:</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Whales accumulated during yesterday’s crash </span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Kentucky legislators introduce bill to attract crypto miners</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">UBS lowers the threshold for charging savers because of negative interest rates</span></li> </ul> <p><span style="font-weight: 400;">Our main discussion: What China’s prospective nationalization of Alibaba has to do with the nation’s digital currency efforts. </span></p> <p><span style="font-weight: 400;">In this episode, NLW:</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Gives a background on China’s digital currency project</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Discusses why the DCEP is motivated by a larger attempt to internationalize the RMB</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Background on Alipay, Ant Financial and Alibaba</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">How Alibaba founder Jack Ma annoyed the CCP and why he hasn’t been seen publicly in two months</span></li> </ul> <div data-pm-slice="0 0 []" data-en-clipboard="true"> </div> <div><em>--</em></div> <div><em>Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io</em></div> <div><em>-</em></div> <div><em>A new era of innovation on Bitcoin has begun. Stacks 2.0 enables secure apps and smart contracts on Bitcoin, unlocking new use cases and value while laying the foundation for a user-owned internet. https://stacks.co.</em></div> <div> </div> <div>--</div> <div>Enjoying this content?</div> <div> </div> <div>SUBSCRIBE to the Podcast</div> <div>Apple:  <a href= "https://podcasts.apple.co