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GOP Senators Urge US Olympic Committee to Bar Athletes from Using Digital Yuan, China Rebukes Criticism
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GOP Senators Urge US Olympic Committee to Bar Athletes from Using Digital Yuan, China Rebukes Criticism

Three U.S. Republican senators urged United States Olympic & Paralympic Committee (USOPC) to ban American athletes from acquiring or using digital yuan (e-CNY) in the Beijing Winter Olympics in 2022. China rebukes their criticism.

Japan Aims to Curb the Potential Influence of China’s Digital Currency With Help From the US
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Japan Aims to Curb the Potential Influence of China’s Digital Currency With Help From the US

Aiming to curb the potential influence of China’s digital currency electronic payment, its nation’s central bank digital currency, Japan is looking to release its own digital currency proposals today. According to Prime Minister Shinzo Abe, the country is also requesting support from the US Federal Reserve.

China’s DCEP Aims to Restructure the Payment Network While Maintaining a “Normal” Monetary Policy
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China’s DCEP Aims to Restructure the Payment Network While Maintaining a “Normal” Monetary Policy

A Chinese senior central bank official said China should maintain a “normal” monetary policy as the country has been recovering from COVID-19 smoothly.

China's Pursuit of Digital Yuan "Unswerving" in Wake of COVID-19 Global Pandemic, says Central Bank
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China's Pursuit of Digital Yuan "Unswerving" in Wake of COVID-19 Global Pandemic, says Central Bank

China’s central bank has further galvanised its public commitment to creating the first central bank digital currency (CBDC), a digital version of the Yuan, at an annual meeting hosted last Friday by the People’s Bank of China (PBoC) vice governor Yifei Fan.

China's Central Bank Governor Says no Timeline for Digital Currency Launch
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China's Central Bank Governor Says no Timeline for Digital Currency Launch

The Governor of the People's Bank of China has declared that there is no timeline to the release of the country's digital Yuan, an innovation that has entered its test pilot phase.

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