China digital currency: overseas visitors free to use e-yuan at 2022 Winter Olympics in Beijing

Source: China – South China Morning PostOverseas visitors will be granted access to China’s digital currency without the need to open a local bank account during trials at the 2022 Winter Olympics in Beijing, according to a central bank white paper.The People’s Bank of China (PBOC) has yet to confirm a timetable for the full roll-out of the so-called Digital Currency Electronic Payment (DCEP), but confirmed on Friday that 34.5 billion yuan (US$5.3 billion) had already been spent through 70.8 million transactions as part of ongoing…Read More

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