CBDC makes a low key debut at Winter Olympics, two banks phase out cash

After eight years of guesses, discourse, and conflicting reports, China’s digital yuan CBDC made a rather low-key debut at the 2022 Beijing Winter Olympics on 4 February. Time to introduce “yuan” self Though China intended to make the introduction of the digital yuan a worldwide spectacle to showcase its fintech finesse, this wasn’t to be […]

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