News Snapshot:
China’s digital yuan could be a fatal blow for Macau casino junkets China’s digital yuan could be a fatal blow for Macau casino junkets Grand Master CBDC central bank China Gambling Yuan April 22, 2021 | 0 Macau’s casino junket operators have already been on the rocks during the coronavirus pandemic, and some fear that they could be “faded out” following the introduction of a fully traceable digital yuan. Beijing’s bid to better control money laundering and illicit transactions through a fully traceable central bank digital currency could pose a threat to the country’s popular gambling hub Macau.
