COVID restrictions stymie digital yuan rollout at Beijing Winter Olympics: Report By Cointelegraph

Feb 1, 2022


© Reuters.

Although athletes and help workers arriving for the Beijing 2022 Olympics nonetheless have the choice of utilizing digital foreign money for funds at many venues, the worldwide check run of China’s CBDC is reportedly dealing with hurdles as a result of pandemic.

In response to a Monday report from CNN, athletes, officers and journalists for the nation’s Olympics video games are largely separated from the inhabitants of China in a quarantine “bubble” to stop the unfold of COVID-19. These precautions mixed with the Chinese language authorities deciding to restrict the variety of in-person spectators might end in far fewer folks testing the digital yuan as a technique of cost on the main occasion.