Published: June 24th, 2021,
Last updated: September 13th, 2022
Is anyone surprised that it is the People’s Republic of China that is leading the global race to develop an electronic currency? By creating the regulatory framework, the government enables its country’s smart minds to have enough fun churning out more and more new ideas. And it provides enough money to keep those ideas from fizzling out. The electronic yuan is all set to be used as a means of payment at the 2022 Winter Olympics.