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The Beijing Olympics Was the Coming Out Party for China’s Digital Yuan. What Comes Next?

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[Back to the list] The Beijing Olympics Was the Coming Out Party for China’s Digital Yuan. What Comes Next? This year’s Winter Olympics in Beijing got mixed reviews, for a range of political, economic, and cultural reasons. But the debut of China’s central bank digital currency (CBDC) at the Olympics is being hailed as a success. While many Chinese sports fans were cheering Olympic skier Elieen Gu’s success while watching at home, fans in Beijing were using e-CNY to buy snacks or stuffed animals of Olympic panda mascot Bing Dwen Dwen. Could other nation's soon look to China's example before…

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