China’s digital currency racks up ‘a couple of million’ yuan of payments per day at the Beijing Winter Olympics

Source: China – South China Morning PostChina’s sovereign digital currency, known as e-CNY, is catching international attention, with “a couple of million” yuan of payments being made each day in its latest trial during the Beijing Winter Olympics, a senior official with the People’s Bank of China (PBOC) has said.China is leading the race among major economies to launch a digital currency and has rolled out pilot schemes in at least 10 cities across the country.The Olympic trial is the first time visitors from overseas are free to…Read More

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