News Snapshot:
Central bank digital currencies (CBDCs) are in various stages of development, launch and use around the globe — but one might argue that in Europe and the United States, it’s all a case of playing catch-up with China. February looms as a red-letter month, then, for the CBDC landscape. Beijing is slated to roll out its digital yuan nationally as the 2022 Winter Olympics are held, as reported by Bloomberg . The wider rollout would take place after a slew of trials, notably in retail and domestic settings, had been completed. Pilot tests in several cities have enabled users to...
