News Snapshot:
Digital Yuan could be ‘very positive’ for Macau despite gambling concerns By Email Figures in the Macau gambling industry continue to raise concerns about the introduction of digital Yuan to the territory, although other financial commentators have begun to highlight the potentially positive impact of the roll out. The central government in Beijing is currently moving ahead with a widespread implementation of digital Yuan, having introduced the currency in the capital city in addition to the provinces of Chengdu, Shenzhen, Suzhou and Xiong’an. A desire to combat money laundering, criminal activities and possible terrorist financing has been touted as the...
