Beijing Winter Olympics will be a star moment for digital yuan


Source: bitcoinerx.com bitcoinerx.com

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What better way to unveil a mega innovation than to introduce it at a mega event. This would certainly be the case for China’s digital yuan, or ”e-CNY” as many analysts expect that it would be officially rolled out in the upcoming Beijing Winter Olympics, which would happen on February 4 next year. The country’s central bank, the People’s Bank of China (PBOC), recently said that the developments in China’s digital yuan have already entered a “sprint stage.” This means that e-CNY’s development is now being accelerated which would enable it to showcase its capabilities in the upcoming Winter Olympics....