2022 may be e-CNY s breakout By CHEN JIA | China Daily | Updated: 2021-06-23 07:58 Share CLOSE
Digital currency to help maintain monetary sovereignty, says former BOC head
The upcoming 2022 Winter Olympic Games in Beijing will be likely prove to be a breakout phase for China s digital renminbi, or e-CNY, one of the most important tools of the country s central bank to maintain monetary sovereignty in the digital era, an expert said in an exclusive interview with China Daily.
The Winter Olympic Games will be held from Feb 4 to Feb 20 next year, and some entry-exit points, such as the cities of Shanghai, Beijing and Guangzhou in Guangdong province, are expected to be ready for extensive use of digital RMB payments during the Games, said Li Lihui, former president of Bank of China and head of the blockchain research working group at the National Internet Finance Association of China.
2022 may be e-CNY s breakout--China Economic Net
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2022 may be e-CNY s breakout-Eastday
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