I saw this advert/article at a Yahoo finance site checking on an ASX listed Li hopeful - I think the headline was something like "AUD death can happen anytime soon" and clicked on it which opened this article below.
Special Report: China Officially Approves And Finances The Development of CryptoCurrency Naming It "Official Coin" Eryk Bagshaw Journalist Financial News | Paid Program
https://digitechtip.com/rare-aud-death-can-happen-anytime-soon/?adid=37074535327&publisher=FINANCE_US
I agree it looks like a scam. And Yuan Pay is reg in Marshall Islands.
But why would not China want to put downward pressure on Aussie Dollar in the period ahead to next Fed election?
The Aussie will always be under pressure of our Govts huge borrowings blowout 2020-2021.
What if China could pressure the Aussie down through US60c in the next 7 to 8 months.
That might help elect Albo with GreenLabor more "dovish on China" than LNP. Just my speculations.
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