‘If the water's too clean there'll be no fish’: China’s CBDC may hurt Macau’s casinos

by Aurelia Butler 3 December 2020, 03:20 159 Views

According to a Dec. 2 article from Bloomberg, junkets — Macau businesses that act as middlemen to facilitate visits by China’s high-roller gamblers — claim their clients are looking to other jurisdictions due to concerns the digital yuan will be introduced to Macau’s embattled gambling sector.

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‘If the water's too clean there'll be no fish’: China’s CBDC may hurt Macau’s casinos

The wealthy must prepare for depressed asset growth

US stimulus progress, China invests in US tech, vaccine moves

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