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China plans to use its digital yuan at the 2022 Winter Olympic Games

According to a Reuters report, Sun Guofeng, the head of the monetary policy department at PBoC, said that the bank does not have a timetable for the rollout of the digital currency. However, going by Sun’s statement, PBoC is likely to launch it before the 2022 Winter Olympic Games as they plan to use it during the international sports event.

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Source: Cryptocurrency - investing.com

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