While there is still too little information about China’s digital currency to say anything for certain about its launch and use cases, it is quite evident that the bank is making rapid progress toward the launch of the digital yuan.
Interesting article about how China is making progress rolling out its digital currency and what might be next. To me this is interesting because of the timeline of the rollout, 2022 is right around the corner. Maybe we are going to see more digital currency news from around the world in short order, and maybe that will lead to more interest in crypto. It's hard to say but to me the jump from digital to crypto is not that big. And once its clear to the masses that cash is on its way out, there might be a small panic into crypto. That's what I'm thinking anyway....
Read the full story here...
https://cointelegraph.com/news/china-plans-to-use-its-digital-yuan-at-the-2022-winter-olympic-games