Bitcoin News Roundup for Nov. 20, 2020

With a BTC retirement plan launch and Goldman Sachs digital yuan predictions, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

This episode is sponsored by Crypto.com and Nexo.io.

Today's stories:

US Firm Launches Company-Sponsored Bitcoin Retirement Plans 

Digital Asset Investment Management says its new retirement plans can help savers beat inflation.

Morgan Creek CEO Says Bitcoin Doing 'Extremely Well' Due to Fed Reserve's Dollar Devaluation 

CEO Mark Yusko said "zombie companies" left the Fed no choice but to devalue the dollar, prompting investors to turn to bitcoin and gold.

Goldman Expects Digital Yuan to Reach 1B Users in 10 Years 

Goldman Sachs predicts China’s digital yuan will attract 1 billion users within a decade, helping China’s commercial banks compete with fintech companies.

Japan's Banking Giant MUFG Plans to Launch Blockchain Payment Network in 2021 

Japanese banking giant MUFG plans to launch its blockchain payment network across the country in 2021 with U.S.-based fintech company Akamai.