US lawmakers issue warnings about digital yuan as Winter Olympics kicks off -Breaking
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After the Beijing 2022 Olympics Winter Games’ opening ceremony has been completed, and the athletes are now in China for the event, two congressmen have raised concerns about the possible dangers of digital yuan.
A Friday report by Reuters says that Pat Toomey, a Pennsylvania senator, has been killed SentA letter addressed to Janet Yellen, Treasury Secretary and Secretary of State Antony Blinken on Thursday expressed concern about the possibility that the Chinese government would use these games to increase adoption of its digital currency (CBDC), digital yuan. Since April 2020, the country has been testing CBDC. An announcement of foreign athletes and touristsIt would allow them to utilize it at the Olympic Games.
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