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China's Central Bank Says Digital Currency Could Be Used In 2022 Winter Olympics

Roland James

Summary: The People's Bank of China (PBOC), the country’s central bank, said that its central bank digital currency (CBDC) could be used in the 2022 Winter Olympics event. The news was first reported by Chinese state-owned television network CCTV on April 19, citing their source as a “relevant person in charge” of the Digital Currency Research ...

The People's Bank of China (PBOC), the country’s central bank, said that its central bank digital currency (CBDC) could be used in the 2022 Winter Olympics event.

The news was first reported by Chinese state-owned television network CCTV on April 19, citing their source as a “relevant person in charge” of the Digital Currency Research Institute of the PBOC. The 2022 Olympics event is currently scheduled to take place in Beijing.

By Roland James

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