News Snapshot:
China is planning to trial the digital yuan with foreign athletes and visitors during the Beijing Winter Olympics in 2022. Digital Yuan For Foreign Use According to the deputy governor of the People’s Bank of China (PBoC) Li Bo, the 2022 Winter Olympics could mark the first time foreign users would test China’s central bank digital currency (CBDC). Bo, who spoke at a CNBC panel at the Boao Forum for Asia, said the central bank plans to make the digital yuan available to domestic users and international athletes and visitors. He added that more use cases would be added to...
