> News > U.S. bill would bar Google, Apple from hosting apps that accept China's digital yuan

News & Views

U.S. bill would bar Google, Apple from hosting apps that accept China's digital yuan
01 June 2022
Public

WASHINGTON, May 26 (Reuters) - Republican senators want to bar U.S. app stores including Apple and Google from hosting apps that allow payments to be made with China's digital currency, amid fears the payment system could allow Beijing to spy on Americans.

The bill, unveiled Thursday and first reported by Reuters, states that companies that own or control app stores "shall not carry or support any app in [their] app store(s) within the United States that supports or enables transactions in e-CNY." It is sponsored by Senators Tom Cotton, Marco Rubio and Mike Braun.

View more at https://www.reuters.com/technology/us-bill-would-bar-google-apple-hosting-apps-that-accept-chinas-digital-yuan-2022-05-26/

How to join Oxentt ?

To join the exclusive Business Agency elite group does not require important financial contribution. It is, however, imperative that by joining all members adhere to its philosophy of ethics, respect and seriousness.

Any business owner from any country, investor, entrepreneur and corporate executives are welcome to join us.

Watch how the Members’ interface Works

Dive into the world of Oxentt and discover how easy and direct is the way to reach out, communicate and cooperate with other members in your own city or throughout the world, online or in real life.
A dozen of features help you invite fellow members or all followers of Oxentt to any event you organize.
Receive a daily digest of international economic and business news dedicated to your own industry or any other industries by geographic area or globally.
Create your own group by area or by business sector and organize online or offline reunions.
Use text messaging or voice and video calls, one-to-one or by group, 100% secured.