The People’s Bank of China is planning to put its digital currency to use at the 2022 Winter Olympic Games in Beijing.
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.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.